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Developing Countries in Modern Conditions: Features of Economic Policy

Author

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  • Tural Natig ogly MAMEDOV

    (Financial University under the Government of the Russian Federation, Moscow, Russia)

Abstract

The article considers the features of the economic policy of developing countries at the present stage of development of the world economy. The comparative analysis of macroeconomic stability indicators of various groups of countries is carried out. The trends in the trade policy of developing countries are identified. It is revealed that with fragmenting globalization, the Asian region is becoming the main center of international trade. The increasing role of developing economies in international capital flows and regional value chains is noted. The increasing share of leading Asian economies in global expenditures on scientific research is shown.

Suggested Citation

  • Tural Natig ogly MAMEDOV, 2024. "Developing Countries in Modern Conditions: Features of Economic Policy," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 4, pages 36-57, April.
  • Handle: RePEc:alq:rufejo:rfej_2024_04_36-57
    DOI: 10.24412/2072-8042-2024-4-36-57
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    More about this item

    Keywords

    world economy; developing countries; globalization; protectionism; sanctions; trade policy; foreign investment; scientific and technological development;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General

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