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Macroeconomic factors, entrepreneurial performance and economic growth in emerging markets

机译:新兴市场的宏观经济因素,企业绩效和经济增长

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摘要

Reducing the gap between developed and developing countries in the global economy is still open for discussion. At the same time, there is a lot of research about the relationship and economic growth, but most of it is considered only in advanced countries. This paper examines the macroeconomic factors driving entrepreneurial performance and economic growth in emerging markets. We attempt to reveal what factors in the entrepreneurial environment are most significant in the emerging market. We chose the BRICS countries (Brazil, Russia, India, China, and South Africa) as our object of study for the macroeconomic analysis which allows us to compile global trends. We conducted an empirical analysis of the macroeconomic factors affecting entrepreneurial development and economic growth in the BRICS countries. We also studied the dynamics of the output gaps in these countries. We found that the BRICS countries are affected by different factors driving entrepreneurial performance and economic growth. Therefore, these countries could exchange the experience, expertise and best practices gained in each country for shaping effective entrepreneurial policy. Thus, research could be used in the development of measures to support small business and entrepreneurship.
机译:缩小发达国家和发展中国家之间在全球经济中的差距仍然有待讨论。同时,有关关系和经济增长的研究很多,但大多数仅在发达国家被考虑。本文研究了驱动新兴市场企业家绩效和经济增长的宏观经济因素。我们试图揭示在创业环境中哪些因素在新兴市场中最重要。我们选择金砖国家(巴西,俄罗斯,印度,中国和南非)作为我们的宏观经济分析研究对象,这使我们能够汇编全球趋势。我们对影响金砖国家的企业家发展和经济增长的宏观经济因素进行了实证分析。我们还研究了这些国家产出缺口的动态。我们发现,金砖国家受驱动企业家绩效和经济增长的不同因素的影响。因此,这些国家可以交流在每个国家获得的经验,专业知识和最佳实践,以制定有效的创业政策。因此,可以将研究用于制定支持小型企业和企业家精神的措施。

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