Global imbalances and their impact on economic and environmental development

Abstract

Global imbalances and their impact on economic and environmental development

Dumanova A.H., Kumisheva Z.H., Shalova S.Kh.

Incoming article date: 15.12.2014

The article highlights the problem of global imbalances, which are the result of divergence of economic indicators in different countries, which manifests itself not only in the uneven distribution of natural resources, but also in the accelerated growth of emerging economies with the demographic decline in developed countries. In virtue of such economic environment, all attempts of adjustments in the global balance towards reduction are unsuccessful, and themselves imbalances are consistently high becauseof search for own benefits by each of the countries. Uncontrolled growth is the cause of environmental problems and their aggravation and irreversible changes in the environment are the result of progressive globalization processes. To solve posed problems there is a necessity to minimize the negative and maximize the positive effects on the environment.

Keywords: global imbalances, divergence of indicators, restructuring of the national economy, environmental and economic aspects