Structural and Logical Model of Contemporary Global Economic System

Elena Popkova, Oksana Chechina, Aleksandra Sultanova
European Research Studies Journal, Volume XIX, Issue 2, 218-227, 2016
EOI: 10.11214/thalassinos.19.02.021

Abstract:

The purpose of the article is to build a structural and logical model of contemporary global economic system, forecast its development in future, and development of recommendations for maximization of advantages and minimization of negative aspects of such development. The authors focus on the problem of deepening contradictions of interests of various members of the global economic system with development of integration processes and on the problem of increase of the global economic problems with economic development of the global economic system. Methodology of conduct of the research in this work includes problem, systemic, and structural & functional analysis for determination of specifics of functioning of contemporary modern economy, as well as SWOT-analysis for determination of perspectives of its development. The authors analyze evolution and view specifics of modern stage of development of the global economic system, perform modeling of current state and tendencies of development of global economic system, and determine perspectives and compile recommendations for development of contemporary global economic system.


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