...Sergey Zankovsky; Vitali Bezbakh; Agnessa Inshakova; Ekaterina P. Rusakova Purpose The purpose of the research is to determine the social consequences of economic globalization based on experience of developed and developing countries and to determine the perspectives of optimization...

... development into economic growth. Findings The authors substantiate the existence of close interconnection between social development and economic growth and determine substantial differences in this interconnection in developed countries (correlation – 52%), where only purchasing power of population...

... countries that have available data. These countries are divided by level of development as follow ing: 41, 47, and 32 countries as more, moderate, and less developed countries, respectively. The statistical methods include descriptive statistics and standardised regression coefficients. In more developed...