Financial indicators accurately predict economic strategies for global development.
The article explores how different autoregressive models are used to understand how financial indicators affect economic processes in countries. The researchers looked at various models like VAR, PVAR, BVAR, SVAR, and GVAR to analyze data from developed and developing countries. They found that financial indicators have a direct impact on economic processes, making them crucial for economic strategies. The results obtained from these models are usually accurate and can help in developing effective economic strategies for different states.