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World Economy: Growth, Proportions, Efficiency, and Forecasting

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World Economy and International Business

Part of the book series: Contributions to Economics ((CE))

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Abstract

This chapter firstly describes the factors and main models of economic growth, as well as its dynamics in retrospect. Then, it analyzes the main economic proportions and indicators of macroeconomic efficiency in the world. At the end of the chapter, there is a section on the methodology and practice of macroeconomic forecasting.

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References

  • Maddison, A. (2007). Contours of the World Economy, 1–2030 AD. Essays in Macro-Economic History. Oxford University Press.

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  • McConnell, C. R., Brue, S. L., & Flynn, S. M. (2017). Macroeconomics. (21st ed.). McGraw Hill.

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  • Summers, P. (2015). Macroeconomic Forecasting: A Practical Guide. Business Expert Press.

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  • Todaro, M. P., & Smith, S. C. (2020). Economic Development (13th ed.). Pearson.

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Correspondence to Alexander Bulatov .

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Bulatov, A. (2023). World Economy: Growth, Proportions, Efficiency, and Forecasting. In: Bulatov, A. (eds) World Economy and International Business. Contributions to Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-20328-2_3

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