| In the section | Surveys |
| Title of the article | Current Trends in the World Economy |
| Pages | 131-147 |
| Author 1 | Leonid Markovich Grigoryev Candidate Economics, Chief Advisor. Analytical Center for the Government of the Russian Federation 12 pr-t Akademika Sakharova, Moscow, Russia, 107078 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Author 2 | Alexander Valeryevich Golyashev PhD in Geography, Head of Division Analytical Center for the Government of the Russian Federation 12 pr-t Akademika Sakharova, Moscow, Russia, 107078 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Author 3 | Anna Andreevna Lobanova Research Fellow. Analytical Center for the Government of the Russian Federation 12 pr-t Akademika Sakharova, Moscow, Russia, 107078 This email address is being protected from spambots. You need JavaScript enabled to view it. |
| Abstract | The paper presents the dynamics of the world economy that emerged by the autumn of 2015. The review is based on the following data for the world leading countries: GDP, industrial production, exports and imports, money market indicators, stock indices, exchange rate, retail turnover and oil prices. The study shows that the global market situation remains heterogeneous across countries and continents, and it is still in a depression; there is a new equilibrium which is characterized by slipping down long-term trends (concerning the level of 2008-2009). The main emphasis is on the economies of the Great Middle East - Arab countries, Iran and Turkey. The authors note that the region is characterized by great unevenness of economic development depending on three key parameters: availability of oil production; population and its growth rate; and sustainability of socio-political situation. There are two groups of regional countries: ones with a stable socio-political situation and countries affected by conflicts. The study reflects dynamics of the main socio-economic parameters and indices of democracy, corruption and freedom of speech for both groups. The authors conclude that the series of revolutions, wars and conflicts did not lead to the improvement of living and development acceleration. |
| Code | 339 |
| DOI | 10.14530/se.2015.4.131-147 |
| Keywords | world economy ♦ trends ♦ oil prices ♦ exchange rate ♦ socio-economic indicators ♦ «Arab spring» ♦ countries of the Great Middle East |
| Download | SE.2015.4.131-147.Grigoryev.pdf |
| For citation | Grigoryev L.M., Golyashev A.V., Lobanova A.A. Current Trends in the World Economy. Prostranstvennaya Ekonomika = Spatial Economics, 2015, no. 4, pp. 131-147. DOI: 10.14530/se.2015.4.131-147. (In Russian). |
| References | 1. Bulletin on Current Trends in the Global Economy. In Focus: Arab Economies. The Analytical Center for the Government of the Russian Federation, 2015, no. 2, November, 20 p. Available at: (accessed 18 October 2015). (In Russian). 2. Grigoryev L.М., Chaplygina A.V. Saudi Arabia. Oil and Development. Mirovaya Energeticheskaya Politika [World Energy Policy], 2002, no. 7, pp. 38–42. (In Russian). 3. Federal State Statistics Service of the Russian Federation. Available at: www.gks.ru. (accessed 08 November 2015). (In Russian). 4. Baker Hughes. Available at: http://www.bakerhughes.com (accessed 10 October 2015). 5. Economist Intelligence Unit’s Democracy Index, Transparency International’s Corruption Perceptions Index, Freedom House’s Freedom of the Press. The Economist. Available at: http://www.economist.com (accessed 12 November 2015). 6. Euromonitor. Available at: http://www.euromonitor.com (accessed 05 October 2015). 7. OPEC. Available at: http://www.opec.org (accessed 25 November 2015). 8. Thomson Reuters Datastream. Available at: http://thomsonreuters.com (accessed 29 October 2015). |
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