BUSINESS ACTIVITY AS A LEADING INDICATOR OF ECONOMIC DEVELOPMENT: FOREIGN AND RUSSIAN EXPERIENCE

Abstract

Foreign experience of indication business activity began to emerge in 20-30-ies of XX. To date, overseas system business activity monitoring is conducted by government agencies, Central and investment banks, associations, business schools, research centres. Russian practice of indication of business activity is quite diverse, however, not all indexes (IDA) have a long history and are outstripping. To identify those or other IDA (formal and informal) as leading indices and the need to evaluate their correlation with indicators of development of the national stock market.

Keywords

• business activity
• system monitoring
• diffusion indexes
• leading indicators development