REFINING THE CONTOURS OF GLOBAL ECONOMIC DEVELOPMENT
I agree with the authors ' tandem that at present it makes sense to double-check and adjust, if necessary, the available estimates of trends, components and factors of global economic development. Many researchers in the world are doing this. The question is how to eliminate some inaccuracies and (semi -) myths without inadvertently creating others. In the text proposed for discussion, it seems that (perhaps for the sake of enlivening the discussion) a somewhat embellished picture of Asian (Chinese) success against the background of a significant failure in the economic growth of Western countries and Japan. I will try to clarify a number of details of the overall picture of development. 1. The world has indeed been going through difficult times over the past three or four years, due to the causes and consequences of the current crisis, from which a considerable part of humanity has not yet really emerged. On this basis, excessively pessimistic conclusions and forecasts are often made. If you look at long-term global development trends, you can analyze the age-old trends in the style of F. Braudel and R. Cameron, to find that there is no real slowdown in global economic dynamics. The average annual growth rate of per capita GDP in the world increased by about an order of magnitude (as a result of the industrial revolution) - from less than 0.1% per year in 1700-1820 to 0.8-1.0% in 1820-1913. Then, despite two world wars, a deep depression, transformational and other crises, it almost doubled due to the information and communication revolution (ICR) and a number of positive effects of globalization (including the spread of modern economic growth to developing countries, etc.), reaching 1.7 - 1.8% in 1913-2010. However, the growth rate of the global per capita product in 1980-2010 (1.9 - 2.1%) was perhaps 1 lower than in the first post - war decades (in 1950-1980 - 2.5 - 2.6%). At the same time, despite a significant reduction in the considered indicator in developed ... Читать далее
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Қазақстан Желіде · 7 hours ago 0 21
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Қазақстан Желіде
Астана, Kazakhstan
19.11.2024 (7 hours ago)
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