THE WORLD ECONOMY IN THE XXI CENTURY: PROBLEMS OF THEORY AND PRACTICE

2021 ◽  
Vol 1 (10) ◽  
pp. 4-10
Author(s):  
Andrey V. Savinsky ◽  
Keyword(s):  
Economic Development ◽  
World Economy ◽  
The United States ◽  
Theory And Practice ◽  
Theoretical Approaches ◽  
Urgent Task ◽  
The World ◽  
Socio Economic Development ◽  
Trade Turnover ◽  
Modern Economic

The article substantiates the theses: firstly, the world economy in all its aspects, including GDP production, world trade turnover, monetary and financial sphere, has been in a fairly stable and global crisis for the last 20 years; secondly, one of the main reasons for all this is the crisis of modern economic theory. According to the author, the conceptual foundations of socio-economic development, which remain the basis of modern economic practice, do not correspond to the latter not only at the global level, but even at the level of the United States and other Western countries. In this regard, according to the author, the urgent task of our time is the development of new theoretical approaches to socio-economic development, and on a country-by-country basis.

scholarly journals PROBLEMS OF DIFFERENTIATION OF SOCIO-ECONOMIC DEVELOPMENT IN THE GLOBAL ECONOMY

2020 ◽  
Vol 9 (2) ◽  
Author(s):  
Marat R. Safiullin ◽  
Gulnaz M. Galeeva ◽  
Raushaniya I. Zinurova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Global Economy ◽  
World Economy ◽  
Life Quality ◽  
Developed Countries ◽  
The United States ◽  
The World ◽  
Socio Economic Development ◽  
Great Leap Forward

This paper considers the differentiation of the development level of some countries of the world using different models of socio-economic development. The study consisted of several stages and was based on data published on the official websites of the World Economic Forum, the World Bank, and the International Monetary Fund. In this regard, we studied the methods for assessing the quantitative and qualitative parameters of the development of countries in the world economy. We also studied the leading countries in terms of socio-economic development, strategies and their competitive advantages, and identified priority areas for the development of the economies of countries under consideration during the analyzed period. This paper presents an analysis of economic parameters, a comparison of national economies, their development dynamics using quantitative indicators of economic growth. According to the study, China has prospects for a great leap forward in economic development, the United States is the leader in many respects, and Japan has slowed down in economic growth and risks continuing to suffer losses in a number of economic indicators. Chad, India, China and developed countries have strong differentiation in terms of per capita GDP growth rates according to PPPs. All this speaks of the processes of strengthening differentiation, taking place in the world economy, widening the gap in the level of life quality among countries

PROTECTION OF THE RIGHTS OF FOREIGN INVESTORS IN UZBEKISTAN: PROBLEMS AND WAYS OF THEIR SOLUTION

2021 ◽  
Vol 4 (1) ◽  
pp. 15-23
Author(s):  
Dilshod Xalimjonov ◽  
◽  
Akmal Abduvokhidov
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
World Economy ◽  
Significant Contribution ◽  
Theoretical Justification ◽  
Foreign Investors ◽  
Tangible Assets ◽  
The World ◽  
Socio Economic Development

Investments play an important role in the process of sustainable socio-economic development of any state. Investments-from tangible assets to mutual and human capital-are carried out in various ways, making a significant contribution to the growth of the efficiency of the investor-company. In the course of the development of globalization and integration processes in the world economy, the interest and its theoretical justification of the international movement of capital by scientists and economists is becoming increasingly widespread.

Development of a Methodology for Evaluating Cryptocurrencies as a Promising Means of Payment in the Digital Economy

2021 ◽  
pp. 298-318
Author(s):  
Tatiana A. Kuptsova ◽  
◽  
Vladimir G. Chaplygin ◽  
Keyword(s):  
World Economy ◽  
Current System ◽  
State Regulation ◽  
Theory And Practice ◽  
Monetary System ◽  
Modern Economy ◽  
The World ◽  
Modern Economic ◽  
Methodological Approaches ◽  
Monetary Circulation

The article presents the main results of a study of cryptocurrency as a financial instrument of the future from the standpoint of various methodological approaches aimed at identifying trends in its functioning within the framework of the theory and practice of monetary circulation. The fundamental hypothesis of the study is the prospect of introducing cryptocurrency as a legitimate means of payment to replace the classical forms of money in the context of the transformation of the world economy. This study and its results will contribute to solving a global scientific problem – the formation of a scientifically grounded theoretical and statistical base in the context of the specifics of cryptocurrency’s functioning and the possibility of its functioning as a legitimate means of payment in the modern economy. The relevance of the article is determined by the need to reassess the existing monetary system along with financial mechanisms and operating institutions in view of the emerging crisis of confidence in the current system of state regulation of the economy. The scientific novelty of the article is determined by the development of modern economic theory from the standpoint of the functioning of cryptocurrency as a component of monetary circulation via approaches that study cryptocurrency as an alternative to outdated financial mechanisms. This work opens up an opportunity for further research in the field of cryptocurrency relations, its further improvement and implementation in the national financial system.

scholarly journals Economic Cooperation Between Russia and Mongolia (to the 100th Anniversary of the Establishment of Diplomatic Relations Between Russia and Mongolia)

2021 ◽  
Vol 31 (2) ◽  
pp. 179-185
Author(s):  
Viktor Samarukha
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Historical Analysis ◽  
100Th Anniversary ◽  
The Sustainable Development ◽  
Role Of The State ◽  
Economic Transformations ◽  
The World ◽  
Socio Economic Development ◽  
Modern Economic

In modern conditions, threats and risks are constantly emerging for the sustainable socio-economic development of various regions of the world, including Russia. In this regard, one of the most important is the problem of sustainable dynamic development of the country and its closest partner-countries, one of which is Mongolia. The article presents a historical analysis of international relations between Russia and Mongolia. The main points of the development of the economy of the RSFSR, the USSR and Mongolia after the signing of the coopera­tion agreement in 1921 are described. The analysis of the changed geopolitical conditions of the socio-economic development of Russia and Mongolia in connection with the collapse of the world socialist system and the unfolding modern economic crisis is carried out. The conducted research made it possible to conclude that it is necessary to develop a scientifically based medium-and long-term strategy for the socio-economic development of the country in the new geopoliti­cal realities. Recommendations on strengthening the role of the state in regulating the real sector of the economy and investment processes are offered. The study shows that the main directions of state policy in the field of sustainable development and national security, including food security, should be social, political and economic transformations for the sustainable development of the regions.

scholarly journals THEORETICAL AND APPLICABLE BASES OF SOCIO-ECONOMIC DEVELOPMENT OF COAL INDUSTRY IN DEVELOPED ECONOMICS AS A MODEL OF STRATEGIC ENERGY RESOURCES

2018 ◽  
pp. 5-9
Author(s):  
Inna Poshtaruk
Keyword(s):  
Economic Development ◽  
Coal Mining ◽  
Economic Activity ◽  
World Economy ◽  
Coal Industry ◽  
Energy Resources ◽  
Important Type ◽  
The World ◽  
Socio Economic Development

The article describes the role of coal in economic activity as an important type of strategic energy resources. The trends of its extraction and consumption in the world economy are outlined. The main problems of the development of the coal industry in different countries are highlighted and countries are classified according to the policy of coal mining and consumption.

scholarly journals CURRENT TRENDS IN ENSURING THE COMPETITIVENESS OF COUNTRIES IN THE GLOBAL ECONOMY

2020 ◽  
pp. 55-63
Author(s):  
Tetiana Marchenko ◽  
Vitalii Okhota
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
World Economy ◽  
National Interests ◽  
National Importance ◽  
Theoretical Approaches ◽  
Modern Development ◽  
The World ◽  
Economy Globalization ◽  
National Economies

Introduction. Modern development of the world economy and especially the processes of globalization of the world economy, increasing the interdependence of economies, the formation of global commodity and financial markets have led to increased interest in the problem of increasing the competitiveness of countries involved in these processes. Issues of competitiveness at the level of the economy in the degree of urgency are among the issues of national importance, as they are closely linked to the achievement of dynamic economic development of the country and improving the living standards of its population. Methods. The theoretical and methodological basis of the study is the fundamental provisions of economics, the work of domestic and foreign economists to study the competitiveness of countries in the global economy. Materials of publications in periodicals, monographs on the researched problem are used in the article. Results. The main theoretical approaches to determining the competitiveness of countries in the global economy are considered in the article. The main functions of the state in strengthening the position of competitiveness of countries in the context of strengthening globalization are highlighted. Ukraine's positioning in the ranking of countries by the level of globalization is made and proposals are made to increase its competitiveness in the global economy. Discussion. The analysis of the positions of competitiveness of countries in the global economy provides an opportunity to deepen the theoretical and methodological foundations and development of practical recommendations for improving the competitiveness of Ukraine, which forms the prospects for further scientific research. Key words: competitiveness of countries, global economy, globalization, national economies, national interests, internationalization, economic development.

scholarly journals Complementary and Competitive Regimes of Accumulation: Natural Resources and Development in the World-System

2012 ◽  
pp. 50-68 ◽  
Author(s):  
Astra Bonini
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Economic Development ◽  
Natural Resource ◽  
World Economy ◽  
The United States ◽  
Raw Material ◽  
Economic Mobility ◽  
The World ◽  
Post War

During the post-war period, natural resource production has often been associated withperipheralization in the world-economy. This paper seeks to demonstrate that this associationdoes not hold when examined from a long-term perspective, and explains the conditions underwhich natural resource production can support upward economic mobility in the world-system.First, this paper provides evidence that the production of cash crops and resource extraction hasnot always equaled peripheralization in the world-economy, as demonstrated by, among otherthings, the upward economic mobility of the United States, Canada, Australia and New Zealandduring the nineteenth century. It then puts forth a new hypothesis that the existence ofopportunities for raw material producing countries depends on whether the hegemonic regime ofaccumulation at a given time structures the economy in a way that is either complementary orcompetitive to the economic development of raw material producing countries. By examining theBritish centered regime of accumulation during the nineteenth century, we find that it wascomparatively complementary to economic development in raw material producing countrieswhereas the twentieth century United States centered regime was comparatively competitive withraw material producers. Based on a comparison with Britain and the United States, the paperalso suggests that China’s increasingly central role in the world-economy may be comparativelycomplementary to economic development in raw material producing countries.

scholarly journals FORMATION OF THE PARADIGM OF FINANCIAL MANAGEMENT UNDER THE IMPACT OF THE ECONOMIC DEVELOPMENT MEGATRENDS

2018 ◽  
pp. 104-112
Author(s):  
Olena Serhiivna Bondarenko ◽  
Ludmila Serhiivna Seliverstov
Keyword(s):  
Economic Development ◽  
Financial Management ◽  
World Economy ◽  
Functional Dependence ◽  
Dynamic Balance ◽  
Theoretical Approaches ◽  
The World ◽  
Financial Flow ◽  
The Cost ◽  
The Impact

Urgency of the research. Modern socio-economic transformations, determined by the influence of the megatrends of economic development, are characterized by the prevalence of logistic systems, which are an integral part of the world economy and at the same time the driving force of activating all sectors for integration into the world economy. Target setting. The formation of the efficient applied financial management mechanisms is determined by the perfection of theoretical approaches, which must be in line with modern highly dynamic changes and adapted to the megatrends of economic development. Actual scientific researches and issues analysis. In Ukraine the certain issues of logistisation are devoted to the works of such scientists as M. Grigorak, O. Zborovska, S. Smerichevska, V. Omelchenko, L. Frolova, M. Chubanov. Uninvestigated parts of general matters defining. Nowadays, the issues of financial management remain unresolved regarding to the development of a methodology oriented to take into account the influence of the megatrends of economic development, which determine the dynamic balance of economic systems, determine the need for integration of the directions of economic theories into new conceptual approaches to the financial management. The research objective. The purpose of the study is to establish a functional relationship between the value of logistical chains and the cost of the company, as well as substantiation of the current provisions of the financial management paradigm taking into account the global megatrends. The statement of basic materials. Based on the application of scientific methods of analysis and synthesis, the objective conditions for the development of financial management are substantiated and an approach to its modern paradigm is formulated. The necessity of extrapolating the additional megatrends (globalization, financialization, informatization, intellectualization, socialization) to additional logistisation is established and the expediency of formulating a new level of generalizations and unorthodox scientific approaches is substantiated. Сonclusions. The functional dependence between the value of logistical chains and the cost of the company is established, which reveals the applied nature of creating the value of logistical chains by maximizing the net financial flow in operational and increasing the value of companies in strategic periods.

Imperatives of current economic development:world trends and russian reality

2014 ◽  
pp. 121-131
Author(s):  
A. Tatarkin ◽  
E. Andreeva ◽  
A. Ratner
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Private Partnership ◽  
Precise Position ◽  
Russian Economy ◽  
The World ◽  
Socio Economic Development ◽  
Post Industrial ◽  
New Industrialization ◽  
Structural Shifts

The tendencies of development of world and Russian economy in new post-crisis terms are analyzed. Fundamental changes are revealed related both to redistribution in global scales of economic influence and structural shifts in the world economy. The influence of new industrialization is analyzed as the most important factor of current economic development in the post-industrial world. The expediency of using the tools of public-private partnership in the Russian economy is discussed that presupposes more active and precise position of the state in formulating and reaching the priorities of country’s socio-economic development.

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