The theory of five I or a new system of factors of prosperity of states

The author of this article outlined the theory and methodology of new growth factors not only of the world economy as a whole but also of the individual state. The developed system was called five I, which included institutional, investment, innovation, information and integration factors. Particular attention is paid to the role and place of each individual factor from the point of view of theory, practice, as well as the globalization processes taking place in the world economy. The essence and significance, the basic theoretical positions and the mechanism of using each factor in production and in the economy are revealed. In addition, the article attempts to create a methodological basis for assessing the five factors I that affect the economic development of states. Their performance can be characterized by the following indicators: economic effect; payback period of capital or project; profitability factors.