Why We Need Optimal Economic Policy and Economic Innovation Models

This article focuses on analyzing Why We Need Optimal Economic Policy and Economic Innovation Models in recent years. Method: include Qualitative research method: synthesis and inductive methods. The collaborative economy creates new marketplaces and is ―shaking the very bedrock of an industrial sys...

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Veröffentlicht in:Asian Journal of Basic Science & Research 2024, Vol.6 (2), p.195-203
Hauptverfasser: Ngoc Huy, Dinh Tran, Dung, Pham Anh, Nuong, Le Ngoc, Han, Le Thi, Sang, Do Thi, Ngoc Hien, Dinh Tran, Nhan, Pham Hung
Format: Artikel
Sprache:eng
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Zusammenfassung:This article focuses on analyzing Why We Need Optimal Economic Policy and Economic Innovation Models in recent years. Method: include Qualitative research method: synthesis and inductive methods. The collaborative economy creates new marketplaces and is ―shaking the very bedrock of an industrial system sustained on commercial value chains‖ (Dredge & Gylmothy, 2017). We also expand SWOT model by adding Value part analysis on it. Results: Authors stated threats including but not limit to: ADB reduced GDP growth of big economies (forecast): EU, US, China Japan, etc., monetary and financial markets still has risks (exist), low credit growth; possibility of recession in the short term; high inflation continues to persist in many countries; strategic and geopolitical competition between major countries.
ISSN:2582-5267
2582-5267
DOI:10.38177/AJBSR.2024.6215