Direct spatial comparison of the economic growth indices is unconstructive because of the catch-up effect which requires some preconditions in order to be taken into proper account. The paper has considered the approach for the correction of the economic growth indices on the basis of the...

The article discusses the economic growth models in post-Communist countries of European Union and Eastern Partnership states. According to the combinatorial augmentation concept, there are new combinations for which the resources for old combinations are practically useless as they require the...

The direct comparisons of economic growth by countries are not constructive due to the catch-up effect. For measuring the economic development of different countries, the indicators of appropriate gross domestic products per capita are used. The paper proposes the hypothesis of proportional...

The EU's post-Communist countries as well as the EU in general are participating in the implementation of the Lisbon Strategy which aims to create an economy of knowledge. The usage of catching up is extremely important in achieving this strategy's goals. Unfortunately, the EU's post-Communist...

The COVID-19 pandemic and especially the Russian war in Ukraine and the economic sanctions imposed by the West against Russia have significantly affected the economic growth in many countries of the world. Of particular interest is economic growth in the 19 G20 countries (with the exception of...