Development of an economic situation last 20 years has passed in Latvia through various stages. Including - Post-Soviet re-structuring of demand and closing of industrial giants; development of the economy based on transit; development of craft manufacture, small enterprises and branch of...

The paper examines the world experience in stimulating economic development based on the creation of infrastructure. The effects on economic growth are found to be moderate. Building infrastructure boosts economic growth in the poorest countries, where infrastructure shortages are critical. For...

This paper presents a new CGE model of the Russian economy with a health block. We estimate effects of Parkinson's disease (PD) on the Russian economy and population. We distinguish two mechanisms transmitting effects of the PD: a change in the quality of life of a representative household and a...

One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...

The book Symmetric Model of Economic Equilibrium: Dialogue with Artificial Intelligence is a unique experiment that blends economic theory with cutting-edge technology. It consists of a record of dialogues between the author and the artificial intelligence system Grok 3, with the central theme...

We discuss the classification of local generic singularities of so called transitivity zones, arising in control theory and determined by a family of closed submanifolds in a linear space depending on parameters. Transitivity zone consists of parameter values such that the origin belongs to the...

The dynamic method of forecasting of the economy development is substantiated and the characteristics of its state are appointed. Presented are variants of the prognoses of changing the state of the economy, which were obtained by the method of dynamic modeling.

Using a statistical approach that is widespread in the natural sciences, a model of the production and technical system is built. The state of the production system is set by a multitude of objects of labour. The state of the subject of labor is given by a point in the phase of technological...

We propose a new model of equipment degradation. In it, the machine is subjected to random latent failures, the danger of which depends on the equipment condition and after each failure the intensity of the equipment's benefits decreases by a random amount. Equipment that brings negative...