Natural Externalities of Economic Growth Stabilization in XXI Century: Geography Seeking Revenge

• Main Authors: Muryani, -, Denis Ushakov, -
• Format: Article PeerReviewed
• Language: English; Indonesian; English; Indonesian
• Published: American Scientific Publishers 2018
• Subjects: HB Economic Theory; HB172.5 - Macroeconomics; HB1951 Population geography
• Online Access: https://repository.unair.ac.id/95363/7/212_Karil_.Muryani_Natural-Externalities.pdf; https://repository.unair.ac.id/95363/8/212-PeerReview_Muryani.pdf; https://repository.unair.ac.id/95363/9/212-Similarity_Muryani.pdf; https://repository.unair.ac.id/95363/12/Muryani_Kesesuaian-Bid-Ilmu_212.pdf; https://repository.unair.ac.id/95363/; https://www.ingentaconnect.com/content/asp/asl/2018/00000024/00000009/art00006; https://doi.org/10.1166/asl.2018.13036
• Institution: Universitas Airlangga

Studying the factors of national economic growth stabilization is especially topical and relevant under the conditions of growing economic interdependence of the states which objectively limits the regulatory functions of national governments, in parallel to which regionalization gradually establishes oneself as an alter-trend to globalism. In our research we stem from the analysis of the macroeconomic statistics and of the dynamics of economic progress in the selected countries of the world, so that to determine the correlation between the indicators of economic growth stability for a selected group of countries with their integration into the world markets. Conclusions of our analysis outline the regularities in stable economic growth strategies’ implementation along with the key factors contributing to economic stabilization under contemporary conditions. The important role of geography is emphasized, inter alia, since geography is the key precondition for development and implementation of the long-term strategies of economic progress for world regions.