ANALYSIS OF GLOBAL ECONOMIC CRISES BASED ON THE GDP OF ADVANCED COUNTRIES
Journal: International Scientific Journal "Internauka" (Vol.1, No. 139)Publication Date: 2023-03-31
Authors : Myshchyshyn Orest; Borshchuk Iryna;
Page : 23-26
Keywords : GDP; world economic crises; nominal GDP; GDP forecasting;
Abstract
This article analyzes the impact of the economies of the world's top countries on the economic crises: the mortgage crisis of 2008–2009, the European crisis of 2014–2015, and the corona crisis of 2019–2020. The dynamics of changes in the economies of the USA, China, and the European Union were analyzed, GDP volumes for the first two countries were forecast, and the date of the change of leader in terms of nominal GDP volumes was estimated.
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