The Influence of Globalization on the Synchronism of Development of Economic Processes within the Terms of World Economy (p. 16 - 20)

The article is aimed at analyzing the degree of dependence of national economies at the present stage of development of the world economy. Both the dynamics and the nature of development of the economic globalization were analyzed on the example of various areas of world economy. The key tendencies...

Full description

Bibliographic Details
Main Authors: Revyakin Georgy V., Sidorov Vadim I.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-03-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2017-3_0-pages-16_20.pdf
Description
Summary:The article is aimed at analyzing the degree of dependence of national economies at the present stage of development of the world economy. Both the dynamics and the nature of development of the economic globalization were analyzed on the example of various areas of world economy. The key tendencies of the economic globalization have been identified and described, the key indicators of participation of countries in the economic globalization have been analyzed as well. Dynamics of the key stock indices of the developed and developing countries (G7 and BRICS) were researched for synchronism of reaction to positive and negative economic events. Using the results of the research, the degree of dependence of the largest stock indices during 2001-2015 has been estimated by means of correlation analysis and the analysis of critical dimensions, also the fact has been empirically proved, that the dynamics of growth of national economies have more synchronous nature during the period of economic shocks, rather than during the periods of their normal functioning.
ISSN:2222-4459
2311-116X