Թեմա - Money supply as an important factor in economic development
Տեսակ - Ռեֆերատ
Գին - 2600 դրամ
Առարկա - Անգլերեն լեզվով
Էջեր - 13
In the last century the majority of countries in the world have considerablegrowth in theeconomy. Real incomes have grown from generation to generation and that incomes have enabled to consume more goods and services. The high level of production has led to high levels of consumption․ Economic growth is a complex and comprehensive phenomenon, not only for the theory of economics, but it is also an important issue in economic policy. In any economic system the economic growth is the mode of manifestation of enlarged reproduction of social product. Economic growth is the extention of social production and the addition of quantitative indicators in social product.
Economic growth is an integral part of the countrys economic development, it is directly expressed by certain motives of social product quantitative increase and its qualitative improvement. Economic growth is the feature and regularity of expanded reproduction.
In early years the economic growth high rates were conditioned by the low base, which was the result of an unprecedented transformation recession in 90s. There occurred a process of recovery in the production, macroeconomic stabilization, market reforms progress. GDP growth high rates largely depended on the dynamic growth of foreign trade. Already in 2005 CIS countries exceeded the level of exports compared with the level in 1991, and in 2007 they exceeded the level of import.