Indicators of efficiency of use of fixed assets

There are general and particular indicators of the use of fixed assets (Fig.2.2.). Common indicators include return on capital, capital intensity, profitability of funds. To the private – indicators of the use of equipment and production areas. Each indicator characterizes individual aspects of the use of fixed assets. The return on capital shows how much […]

GROUP OF ECONOMICALLY UNDERDEVELOPED OR DEVELOPING COUNTRIES

The largest 2nd group, which includes the vast majority of countries in Asia, Africa, Latin America and Oceania. Overall, these countries account for 61% of the world’s territory and about 75% of the world’s population,  but only 15.5% of manufacturing output. Young countries produce 15-16 times less industrial output per capita than developed countries. In […]

Countries with an average level of capitalism development

This subgroup includes such countries of Western Europe as: Spain, Portugal, Greece, Ireland;  countries of Central and Eastern Europe: Czech Republic, Hungary, Slovenia, Poland, Slovakia; former newly industrialized countries: Republic of South Korea, Taiwan and Singapore. The first two countries possessed in the past huge colonial possessions in the New World and lived by exploiting […]

Ways to improve the sectoral structure Industry

The changes taking place in the world economy, to a greater or lesser extent, draw the Belarusian economy and, above all, its industry into its orbit.  The world in the last quarter of the twentieth and early twenty-first centuries is experiencing a deep technological crisis, which is associated with the extinction of the industrial, the […]

Services

The role of the service sector has recently been increasing in the structure of the economy of Belarus. Employment in it is growing at a fairly high rate and today accounts for more than 1/3 of the total number of employees. The service sector has a strong influence on the location of industry. Cities and […]