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OECD Economies’ Industrial and Technological Structure Analysis

Askar Akaev, Alexander Mikhailushkin, Askar Sarygulov and Valentin Sokolov
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Askar Akaev: Lomonosov Moscow State University
Alexander Mikhailushkin: Russian Academy of Natural Sciences
Askar Sarygulov: St. Petersburg State University
Valentin Sokolov: St. Petersburg State University

Ekonomicheskaya Politika / Economic Policy, 2009, vol. 2, 1-12

Abstract: The current economic crisis, which began as soon as the mortgage, and then turned into a financial shows, according to many experts, the presence of deep structural imbalances in the global economy. In this context, quite naturally raises the question of the possibility of assessing and some optimal structure prediction (industry or the economy as a whole), which would allow to avoid or minimize possible risks and losses, thus ensuring steady and rapid economic growth. It should be noted, and this is evidenced by the current state of international financial and commodity markets, the crisis equally affected both industrialized countries with advanced technology, innovative and financial systems, and developing countries, where the main engines of development are the energy and raw materials industries. Since the economic crisis has gained a universal character and equally affects countries with different levels of development, the question arises about the possibility of constructing some indicators that can assess the optimal structure of the economy in a certain time frame and at a certain technological order.

Keywords: OECD; industry; technology; crisis (search for similar items in EconPapers)
Date: 2009
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