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Behind the figures. Trade-related factors affecting world economic growth since 1990

Peter Farkas ()
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Peter Farkas: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences

No 178, IWE Working Papers from Institute for World Economics - Centre for Economic and Regional Studies

Abstract: The proper approach in my view is to use statistics to illustrate the economic analysis and exploration of deeper processes, not the reverse, which I think provides fewer chances of unveiling the deeper, substantive relations. Nonetheless, I will try to analyse the tendencies in the figures and identify the main driving forces behind them. I will strive to reveal the main, decisive factors behind the medium-term tendencies in the world economy. This will be helped by looking back on earlier decades in the main tables. Long-term comparative examination will also be assisted by investigating the background to the changes since the turn of the millennium.

Keywords: world economy; USA; Russia; CEECS; GDP; statistics; millennium (search for similar items in EconPapers)
Pages: 25 pages
Date: 2007-12
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