Measurement of Economic Growth as a Factor of Development of Strategies of Economic Transformation

Abstract: The article is devoted to study of problems of measurement of economic growth and to address it as a factor of development of strategy of economic transformation. The author analyzes the cause-and-effect connectionsof formation ofdisproportion of economic growth in different countries, createsthe model of the analysis of dynamics of cross-country disproportions of economic growth, as well as developsthe strategy of economic transformation of countries. Key words: Economic growth Economic transformation Disproportion, polarization “underdevelopment whirlpool” INTRODUCTION markets. “An important feature of modern competition is Economic growth is difficult and complex In this context, scientific and technical studies are formed phenomenon with many quantitative and qualitative in order to stake out their positions as quickly as possible, indicators that characterize not only economic but also ensure the adoption ofstandards profitable for the leader, social impact. Easinessof measurement of economic license and thereby provide additional income for th