Indicators of the level of socio-economic development used for international comparisons

In September 2000, world leaders at the so-called Millennium Summit adopted the United Nations Millennium Declaration. Leaders of rich and poor countries (189 countries participated) pledged to join forces to achieve specific development and poverty reduction goals no later than 2015, reaffirmed in March 2002 at the Un Conference on Financing for Development (Monterrey, Mexico) […]

Development of a competitive strategy taking into account the situation in the industry

In this topic, we will analyze the options for strategies for the most common competitive conditions: in emerging industries; in a mobile, volatile market; in a mature industry with low growth rates; in an industry at a stage of stagnation or decline; in a highly segmented industry; for companies – industry leaders; for companies pursuing […]

Normative theory of the exchange rate

This theory considers the exchange rate as an additional tool for regulating the economy, offering a flexible exchange rate regime that is controlled by the state. This theory got this name because its authors believe that the exchange rate should be based on parities and agreements established by international bodies. Most ideas of the theory […]