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Review on monograph: “Marketing and Management of Green Investment: Theoretical Foundations, Current Challenges and Development Prospects”

Journal: SocioEconomic Challenges (SEC) (Vol.4, No. 2)

Publication Date:

Authors : ;

Page : 108-109

Keywords : macroeconomics; stability; national economy;

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Abstract

The author generalized the theoretical and methodological foundations of macroeconomic stability. The considered monograph analyzes the main scientific and methodological approaches to the interpretation of the concepts of stability, financial stability and macroeconomic stability. The author interprets the concept of macroeconomic stability in terms of two aspects: first, the balance between the level and growth of key macroeconomic indicators; secondly, it is a process of prevention, elimination of threats to economic growth to meet the growing needs of economic entities in conditions of limited resources and increase the influence of systemically important banks on the financial system functioning. The monograph develops the the classification of approaches to understanding the essence of macroeconomic stability, which allowed to distinguish dynamic, equilibrium, functional, efficient, resource, structural-equilibrium, elementary approaches, to describe their essence, advantages, disadvantages and limitations in application. The methodological basis of the research was the following tools: TOPSIS method, comparative and cluster analysis, principal components method, Arellano-Bond method, Fishburne method; generalized method of moments (GMM), Spearman's rank correlation method, regression and statistical analysis. The monograph “Macroeconomic Stability of the National Economy” will be useful for students, teachers, graduate students and researchers. The monograph proposes methodological principles for assessing macroeconomic stability, which is based on five main indicators of public economic policy (GDP growth rate, unemployment, inflation, external debt, state budget deficit / surplus). This allows a comprehensive approach to the analysis of achieving the goals of macroeconomic stability of the national economy. The author has developed a method of assessing the level of social progress in the growth of the national economy, which takes into account the impact of qualitative and quantitative indicators of society and justifies the mutual influence of macroeconomic stability and social progress.

Last modified: 2020-06-18 20:45:48