USING GEM - GLOBAL ECONOMIC MODEL IN ACHIEVING A GLOBAL ECONOMIC FORECAST

Camelia Madalina Orac () and Florentin Caloian ()
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Camelia Madalina Orac: Dunarea de Jos University of Galati, Romania
Florentin Caloian: The Bucharest University of Economic Studies, Romania

Risk in Contemporary Economy, 2013, 54-60

Abstract: The global economic development model has proved to be insufficiently reliable under the new economic crisis. As a result, the entire theoretical construction about the global economy needs rethinking and reorientation. In this context, it is quite clear that only through effective use of specific techniques and tools of economic-mathematical modeling, statistics, regional analysis and economic forecasting it is possible to obtain an overview of the future economy.

Keywords: evolution of real GDP; consumption and investment; labor and capital factor; productivity; governmental sector (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2013:p:54-60

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