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Makroregionální divergenční a konvergenční trendy světové ekonomiky
[Macro-regional Divergent and Convergent Trends in the Global Economy]

Author

Listed:
  • Jiří Anděl
  • Ivan Bičík
  • Jan Daniel Bláha

Abstract

Current global trends belong to important branches of economic research. This article discusses changes among different parts of the world: do these changes increase or decrease over time? Are convergent trends more important within the global system than the divergent ones or vice versa? Changes are examined on the base of so-called world's macro-regions over the period 1970-2018, when the bipolar world has changed into a unipolar one and is currently moving towards multipolarity. The study aims to determine which global processes show divergent/convergent trends using different methodological approaches. It also discusses and explains the changing character of trends over time. The authors reach conclusions that exclude one-sidedness of the observed development trends, which derive from the multiplicity of factors influencing them.

Suggested Citation

  • Jiří Anděl & Ivan Bičík & Jan Daniel Bláha, 2022. "Makroregionální divergenční a konvergenční trendy světové ekonomiky [Macro-regional Divergent and Convergent Trends in the Global Economy]," Politická ekonomie, Prague University of Economics and Business, vol. 2022(1), pages 77-96.
  • Handle: RePEc:prg:jnlpol:v:2022:y:2022:i:1:id:1344:p:77-96
    DOI: 10.18267/j.polek.1344
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    References listed on IDEAS

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    1. Peter H. Lindert & Jeffrey G. Williamson, 2003. "Does Globalization Make the World More Unequal?," NBER Chapters, in: Globalization in Historical Perspective, pages 227-276, National Bureau of Economic Research, Inc.
    2. KONYA, Laszlo & GUISAN, Maria-Carmen, 2008. "What Does The Human Development Index Tell Us About Convergence?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 8(1), pages 19-40.
    3. Chen, Been-Lon, 2003. "An inverted-U relationship between inequality and long-run growth," Economics Letters, Elsevier, vol. 78(2), pages 205-212, February.
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    More about this item

    Keywords

    Global processes; world economy; economic development; divergence and convergence;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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