Conceptual approach to the transformation of the global economy, with considering development of the global markets
DOI:
https://doi.org/10.33216/1998-7927-2022-274-4-63-69Keywords:
world economy, economic factors, transformational challenges, integration, development, global marketsAbstract
The study revealed the conceptual foundations of the development of the global economy by revealing the elements of the global economy and tracing their relationship with the development of global markets. In the study, the author concluded that today there is no clearly stated goal of the global economy, therefore the scientific novelty of the study consists in an attempt to provide its own definition by revealing synonymous categories. The goal of globalization, the goal of economic globalization, and the concept of the global economy were the basis for the formation of the goal of the global economy in the study. The scientific novelty of defining the goal of the global economy consists in revealing the meaningful characteristics of the global economy and taking into account the factor of transformational challenge and sustainable development. The paper states that the inconsistencies and limitations in the delineation of the tasks caused the need to provide an author's interpretation of the tasks of the global economy as one of the points of scientific novelty.
The study of international documents and works of scientists made it possible to generalize the principles of the global economy and single out the most significant ones. The methodology of the global economy is based on the implementation of a systemic complex approach to the study of global problems not in statics, but in the dynamics of world development, that is, in the process of global transformations and globalization of development. The development of the global economy system in the context of sustainable development affects many aspects of the economic life of states. The main methodological approach of the research is the formation of conceptual provisions of the global economy based on theoretical approaches and categorical apparatus. The methodological basis of the research is the fundamental provisions of the theory of globalization, with the help of which the research goal is achieved. The purpose of this study is to develop a conceptual approach to the transformation of the global economy, taking into account the development of global markets.
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