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Transportation Essay

9123 words - 37 pages

General Characteristics of the World Economy.NATIONAL ECONOMYA complex economic system within limited boundaries of a state based on social division of labour, a network of social and economic activities and interdependences at micro, macro and meso levels.A national economy (country) can not be viable; can not exist alone, but just in correlation with other countries. Any country, no matter how developed it is, can not be isolated from the rest of the world by solving alone the problems they face and refusing to take into account the international context.The concept of "global economy" or "world economy"Describes all the national economies in the world analyzed in terms of complex ...view middle of the document...

Development of the information and knowledge-based economy as a result of the revolutionary expand of information and communication technologies which have changed the way of doing business and the way of living in general.Main components of the global economy:International division of labor;National economies;World market;International economic relations;International organizations;Transnational corporations.General features of the World Economy:The heterogeneous (deosebit, divers) character. A key aspect of the specific situation of economy in the contemporary world is the profound asymmetry between the development levels of states, which greatly influence the international economic interdependence;Alongside with other agents of international economic life as: transnational corporations, financial institutions and other agents that assure international order, the main actors of the WE remain therefore the national economies within which economic agents act and develop production relations;The world economy is based on a comprehensive system of international economic interdependence in which the interests and issues of national economies are interpenetrated;Globalization, Regionalization and Integration processes;Elimination or reduction of national barriers in the way of international flows with goods, services, technology and capital;Periodical recessions and economic crises.The main indexes used in characterizing a national economy:Gross National ProductGross Domestic Product, GDP/cap, GDP composition by sectorHuman Development IndexEconomic Growth RateBalance of PaymentsTrade BalanceInflation rateUnemployment rateLabor force by occupationIndustry / AgricultureImports / Import commodities / Trade partnersExports / Export commodities / Trade partnersOthers / Interesting factsThe place and role of national economies in the global economic system.The world economy, or global economy, generally refers to the economy, which is based on economies of all of the world's countries' national economies. Also global economy can be seen as the economy of global society and national economies - as economies of local societies, making the global one.Main components of the global economy:International division of labor;National economies;World market;International economic relations;International organizations;Transnational corporations.General features of the World Economy:The heterogeneous (deosebit, divers) character. A key aspect of the specific situation of economy in the contemporary world is the profound asymmetry between the development levels of states, which greatly influence the international economic interdependence;Alongside with other agents of international economic life as: transnational corporations, financial institutions and other agents that assure international order, the main actors of the WE remain therefore the national economies within which economic agents act and develop production relations;The world economy is based on a...

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