AN ECONOMIC MODEL OF TRADE AND ECONOMIC COOPERATION OF UKRAINE WITH MIDDLE EAST COUNTRIES: A FORECAST AND PROSPECTS
Keywords:
economic model, real GDP, cooperation between Ukraine and the Middle East, forecasting of trade and economic cooperationAbstract
The article describes a model of Ukraine’s economy including the mix of goods produced in the country and imported from other countries, which is represented by a single indicator – real GDP. The proposed model enables forecasting of the development of Ukraine’s economy based on its macroeconomic indicators and can be useful for a decision-making process.
References
Ивахненко А. Г., Мюллер Й. А. Самоорганизация прогнозирующих моделей. – К.: Техніка, 1985; Берлин: ФЕБ Ферлаг Техник, 1984. – 223с.
