THE IMPACT OF GLOBALIZATION ON ECONOMIC EFFICIENCY TECHNOLOGICAL STRUCTURE
Journal: The Way of Science (Vol.1, No. 20)Publication Date: 2015-10-30
Authors : Ovchinnikov P.A.;
Page : 63-65
Keywords : innovative cyclic development; forecasting global economy; globalization; growth rate decrease; probability of long-term stagnation.;
Abstract
The article deals with the forecast on long-term slowdown in the global economy, based on the analysis of empirical data. The probability of decaying nature of economic dynamics fluctuations is determined. The hypothesis about the impact of globalization on the economic efficiency of technological structures in the framework of the theory of Shumpeter-Kondratev is described
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