Shvetsova N. The study of trends and cycles of the global economic

Abstract

The article analyzes the dynamics of global GDP per capita for the period from the beginning of the 1970 to the present time (2014), the growth rate of world GDP per capita was decomposed on the groups of countries, namely: developed countries, developing countries and countries with transition economy. The basic trend of productivity growth in the context of groups of countries was assessed. Also the analysis of dynamics of the use of energy resources from 1980 until 2014 was performed. Special attention is paid to the dynamics of indicators of inbound and outbound investment by groups of countries (developed countries, developing countries and countries with transition economy). We investigated the branch structure of the global GDP, GDP of developed countries, developing countries and countries with transition economy. The analysis revealed the basic laws in the dynamics of labor, the dynamics of investment flows to the dynamics of economic development of individual groups of countries and the global economy as a whole.