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A New Globalization Paradigm: World Unity or Alternatives for Development?

Journal: The Journal of International Economic Policy (Vol.2, No. 3)

Publication Date:

Authors : ;

Page : 5-29

Keywords : Economic development; world economy; globalization; economic system; competition; competitiveness; points of bifurcation; fragmentation; integration; convergence; integrated development; geo-economic regions.;

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This article deals with the conceptual foundations of the modern global economic system of development. It reflects the cyclical nature of changes to and the details of global integration processes. The creation of a global economy from a multi-paradigmatic angle is briefly outlined, taking into account the modern paradigms of globalization and the predominance of alternatives to the future development of a global economic space. The article investigates the development of a new type of world economy, a multi-system with a proven role for linkages and a more consolidated world economy. The article reveals the initial conditions for and main qualitative changes related to the integrated development of a complex network of interdependent national societies and macro-regional geo-economic structures. The article also reveals changes in the configuration of those factors that provide competitiveness for these societies and geo-economic formations.

Last modified: 2014-11-17 21:08:31