Formation of scientific and methodological aspects of evaluation transformation of targets economic development of countries

Hassan Ali Al-Ababneh (), Hel Al-Dhaimesh, Ahmad Farhan Alshira’h, Mohammad Haider Alibraheem, Mohamed Ibrahim Mugableh, Amal Alhosban, Paul Katuse, Liubov Vasylyshyna, Olga Popova and Olena Mizina
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Hassan Ali Al-Ababneh: Irbid National University
Hel Al-Dhaimesh: The Hashemite University
Ahmad Farhan Alshira’h: Irbid National University
Mohammad Haider Alibraheem: Irbid National University
Mohamed Ibrahim Mugableh: Irbid National University
Amal Alhosban: University of Michigan-Flint
Paul Katuse: School of Business, Skyline University College
Liubov Vasylyshyna: Donetsk National Technical University
Olga Popova: Donetsk National Technical University
Olena Mizina: Donetsk National Technical University

Eastern-European Journal of Enterprise Technologies, 2022, vol. 3, issue 13(117), 52-66

Abstract: The main purpose of the study is to develop scientific and methodological aspects of assessing the transformation of the target indicators of the economic development of countries, the argumentation of the impact of information technology on the economic growth of countries using the tools of multidimensional cluster analysis. The object of the study is the models of economic development of countries and the assessment of the impact of ICT on them. The relevance and necessity of studying this issue lies in the development of scientific and methodological aspects for assessing the transformation of the target indicators of the economic development of countries. The main results of the study are characterized by the following: the main types of modern economic models are systematized, which made it possible to highlight their features and specifics of application in different countries of the world, depending on the political and socio-economic directions of development; it is substantiated that the key factor of sustainable development of the country is economic growth; for the first time, the specifics of the transformation of the main indicators of the economic development of countries under the influence of innovative information technologies are argued. The presented results made it possible to form the scientific and methodological aspects of conducting a multidimensional cluster analysis of the transformation of the target indicators of the economic development of countries, which ensured the identification of homogeneous groups of clusters of countries by the level of economic development (global indices of economic development of countries), taking into account the peculiarities of their functioning and development strategies. The practical application of the research results will ensure the effectiveness of the formation of economic policies and strategies for the economic development of countries, taking into account the application of the developed scientific and methodological aspects

Keywords: economic development model; innovation technology; sustainability; efficiency; multivariate cluster analysis (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:baq:jetart:v:3:y:2022:i:13:p:52-66

DOI: 10.15587/1729-4061.2022.259677

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