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Economic Modernization Is The Way Away Dummy To Real Economy

Author

Listed:
  • REFAT SEYTMURATOV

    (Samarkand State University)

Abstract

The paper is dedicated to analysis of economic modernization on the base of innovations to reach high living standard on the ground productivity increasing. Resource productivity is the most important indicator of economic effectiveness. Economic modernization is the most effective way to productivity increasing and overcome the global financial-economic crisis, because it provides to construct real economy, but no dummy one. Moreover, key reason of the world financial-economic crisis is over reflection, but not overproduction.

Suggested Citation

  • Refat Seytmuratov, 2010. "Economic Modernization Is The Way Away Dummy To Real Economy," European Journal of Business and Economics, Central Bohemia University, vol. 1(0), pages 871:1-871:1, September.
    • Handle: RePEc:aad:ejbejj:v:1:y:2010:i:0:p:87
    DOI: 10.12955/ejbe.v1i0.87
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    More about this item

    Keywords

    Analysissustainable economic development; reform; modernization; innovation; investment;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • P41 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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