Assessment of World Economy Transformation Impact on Dynamics of Economic Indicators in the World’s Leading Countries and Russia at the Beginning of the 21st Century

Transformation of the world economy at the beginning of the 21st century occurs because of the impact of numerous crisis phenomena. This world economic transformation shows up in dynamics of economic indicators under the influence of crisis processes and the anti-crisis policy of governments. Hence, it is of practical interest to assess the impact of crisis phenomena in conjunction with anti-crisis measures of national governments on the dynamics of economic indicators on a country basis to mitigate the consequences of future crisis situations or prevent them. Thus, the aim of the article is to study the dynamics of economic indicators in several leading economies in Europe, Asia, America, and Russia in the period from 2013 to 2021 to rank countries in terms of their ability to adapt and recover from the consequences of crises, in particular, the coronavirus pandemic. To achieve this aim, methods of system analysis and synthesis, content analysis of scientific literature and statistical reviews on the subject under study, materials of the periodical press of Russian and foreign authors were used. The study allows drawing several valuable conclusions about interconnection of economic processes in individual countries and in the world. The onset of the crisis has a negative effect simultaneously on all indicators’ groups, thereby confirming the presence of a “chain reaction” at the core of economic processes. Special attention is paid to the analysis of the dynamics of indicators on a country basis in the pandemic year, in 2020, which confirms the hypothesis that the effectiveness of the anti-crisis program undertaken by the government in the midst of the crisis plays a more important role than the initial pre-crisis state of the economy.

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