VARDOMSKY LEONID B.

The article attempts to identify the types of models used in countries and to establish which of them and in which countries have been most successful. The study of economic development models used in different countries is important firstly, to identify the most successful world practices for their development and application. It is also necessary for building economic relations and expanding mutually beneficial cooperation with countries for mutual adaptation of economies. This is especially important within the framework of integration associations that require coordination of programs and strategies for the socio-economic development of the participating countries. In theoretical terms, this explains the nature of economic development or stagnation, helps understanding of how to adjust the models of national development. In our view, the economic model is the result of linking, through the appropriate institutions, the goals of national socio-economic development with the available material and intellectual resources, peculiarities of the geo-economic position, cultural traditions, on the one hand, and trends in the development of world politics and economics, national security issues on the other. Post-Soviet countries have common initial conditions for the formation of sovereign economies. The movement towards the polycentric structure of the world economy is aggravating international political and economic relations. The coronavirus pandemic has raised the profile of the quality of governance and hit the incomes of both hydrocarbon producing countries and exporters of labor and services.