Measurement of Economic Development and Interdependence of Countries

  • Larisa Korganashvili Ivane Javakhishvili Tbilisi State University

Abstract

At the present time to assess countries economic development, mostly used indicators are per capita GDP and GDP. However, these indicators do not sufficiently reflect the level of economic development of countries. In this regard, for clarification of GDP a correction factor and to determine the interdependence of countries - the interdependence factors are proposed.
Published
Aug 30, 2016
How to Cite
KORGANASHVILI, Larisa. Measurement of Economic Development and Interdependence of Countries. European Journal of Multidisciplinary Studies, [S.l.], v. 1, n. 5, p. 59-61, aug. 2016. ISSN 2414-8385. Available at: <http://journals.euser.org/index.php/ejms/article/view/1381>. Date accessed: 18 sep. 2019. doi: http://dx.doi.org/10.26417/ejms.v2i1.p59-61.