Statistics on the standard of living and consumption of the population

It is common to define the standard of living, first of all, as a set of products and services that an individual, family, or social group consumes. In a broad sense, the concept of the standard of living includes, in addition to consumption, living conditions, health, education, morality and the use of free time by […]

Regional policy of the United Kingdom

The UK has a very long tradition of regional governance and the development of regional science in general. In particular, some researchers believe that the start of regional policy in the UK was given in the late 20s of the last century in order to eliminate the so-called “unemployment loop” (regions with a very low […]

Oil-exporting countries with high oil trading revenues

These are Saudi Arabia, Kuwait, UAE, Qatar, Brunei, Oman, Libya. These countries have very high per capita incomes, a positive balance of payments,  and external investment. They are distinguished by the low level of development of productive forces: more recently, the majority of the population of these countries was engaged in nomadic cattle breeding and […]

Methodological and methodical features of macroeconomic analysis

Aggregation. First of all, it should be borne in mind that aggregated parameters are used in macroeconomics. The macroeconomic view of the national economy distinguishes in it three or four economic entities: the household sector, the business sector, the public sector and abroad. Each of these sectors is a collection of real economic entities. In […]

The concept of an international contract (contract) and recommendations for its compilation

The implementation of international commercial operations requires a certain legal norm – the conclusion of an agreement between partners of different countries. Foreign trade transactions of two or more parties in the course of their production, economic and trade activities are formalized by a contract (agreement), which is usually made in writing. A contract is […]