ECONOMIC MODERNIZATION IS THE WAY AWAY DUMMY TO REAL ECONOMY

Abstract

The paper is dedicated to analysis of economic modernization on the base of innovations to reach high living standard on the ground productivity increasing. Resource productivity is the most important indicator of economic effectiveness. Economic modernization is the most effective way to productivity increasing and overcome the global financial-economic crisis, because it provides to construct real economy, but no dummy one. Moreover, key reason of the world financial-economic crisis is over reflection, but not overproduction.

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Identifiers

DOI

10.12955/ejbe.v1i0.87

Citations and references