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Using Gem - Global Economic Model In Achieving A Global Economic Forecast

Author

Listed:
  • Camelia Madalina Orac

    (Dunarea de Jos University of Galati, Romania)

  • Florentin Caloian

    (The Bucharest University of Economic Studies, Romania)

Abstract

The global economic development model has proved to be insufficiently reliable under the new economic crisis. As a result, the entire theoretical construction about the global economy needs rethinking and reorientation. In this context, it is quite clear that only through effective use of specific techniques and tools of economic-mathematical modeling, statistics, regional analysis and economic forecasting it is possible to obtain an overview of the future economy.

Suggested Citation

  • Camelia Madalina Orac & Florentin Caloian, 2013. "Using Gem - Global Economic Model In Achieving A Global Economic Forecast," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 54-60.
    • Handle: RePEc:ddj:fserec:y:2013:p:54-60
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    References listed on IDEAS

    as
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    5. Maurice Obstfeld & Kenneth Rogoff, 2002. "Global Implications of Self-Oriented National Monetary Rules," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(2), pages 503-535.
    6. Obstfeld, Maurice & Rogoff, Kenneth, 1995. "Exchange Rate Dynamics Redux," Journal of Political Economy, University of Chicago Press, vol. 103(3), pages 624-660, June.
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