Newly Industrialized Countries (NIS)

This 1st subgroup includes young states, which in terms of socio-economic development are closely close to the group of developed countries of the world. They came to the forefront of the world economy in the 60-80s as a result of the placement in them by large transnational companies of a number of relatively labor-intensive, although […]

Macroeconomic models

A distinctive feature of macroeconomic analysis is modeling, which allows you to study economic phenomena and processes by constructing their conditional images. Since the specifics of macroeconomics as a whole exclude the possibility of experimental modeling, theoretical modeling is mainly used. The most important for macroeconomics are three methods of mathematical modeling: balance, static and […]