Analysis of Opportunities and Prospects of Development of Russia and the Countries of Eastern Europe Using Underdevelopment Whirpools Methodic

Elena Popkova () and Elena Jakovleva
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Elena Popkova: Department of ‘World Economy and Economy Theory’, Volgograd State Technical University
Elena Jakovleva: Department of World Economy, Voronezh State Forestry Engineering Academy

Review of Applied Socio-Economic Research, 2014, vol. 7, issue 1, 109-116

Abstract: The authors develop a theoretical model of underdevelopment whirlpools, conduct the analysis of economy development of Russia and the countries of Eastern Europe using the underdevelopment whirlpools methodic, and analysis of opportunities and prospects of economy development of Russia and the countries of Eastern Europe and work out recommendations for moving to qualitatively new level of economic growth and development, at which bridging the GDP growth gap in comparison with developed countries is obtained.

Keywords: economic growth; underdevelopment whirlpool; Russia; the countries of Eastern Europe; economy development (search for similar items in EconPapers)
JEL-codes: D6 D9 (search for similar items in EconPapers)
Date: 2014
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