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Methodological Techniques for Assessing the Unevenness of Economic Development in the World

Journal: The Journal of Social Sciences Research (Vol.4, No. 3)

Publication Date:

Authors : ; ; ; ; ;

Page : 8-12

Keywords : Unevenness; Economic development; World economy; System; Effectiveness; Competitiveness; Globalization;

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Abstract

This paper is devoted to developing a set of approaches to assessing the unevenness of economic development in the world. Based on the theory of competitive advantage, the authors propose an integrated indicator of competitiveness that divides nations' economic development into various stages. The research attests that, based on the integrated indicator of competitiveness, the level of technogenic development of countries coincides with their level of overall development. In today's conditions of internationalization and globalization of production and capital, this kind of methodology for assessing indicators of national economic development, and, accordingly, the country's place in the international arena, has proven to be quite effective, with the integrated indicator of competitiveness taking account of various approaches and factors. It was proven that countries, the economic development of which is between any of the stages are to be regarded as countries with the transitional economy.

Last modified: 2019-02-01 22:07:05