FOREIGN ECONOMIC COMMUNICATIONS IN THE GLOBAL INTEGRATION PROCESSES AND THEIR INFLUENCE ON INTERNATIONAL RELATIONS


Keywords: globalization, integration processes, foreign economic relations, international relations.

Abstract

Topicality. The urgency of the problem is to stimulate the development of foreign economic relations in global integration processes. The article is devoted to the development of scientific principles and practical recommendations for stimulating the development of foreign economic relations in global integration processes and determining their impact on international relations.
Aim and tasks. The purpose of the article is to develop scientific principles and practical recommendations to stimulate the development of foreign economic relations in global integration processes and determine its impact on the international relations. On the basis of theoretical generalizations carried out in the study, it is proved that globalization of international relations and world economic relations is a natural process, which is to strengthen the interconnection and interaction of the main directions and components of the development of the world community. In the broad sense - it is multifactorial interaction of various phenomena of international life (economic, legal, social, political, ethical, religious, psychological). On the basis of the generalization of theoretical sources regarding the emergence of the globalization process, preconditions and causes of the process of globalization have been formed.
Research results. It is proved that the globalization of international relations and world economic relations is a logical process, which is to strengthen the interconnection and interaction of the main directions and components of the development of the world community. In the broad sense - it is multifactorial interaction of various phenomena of international life (economic, legal, social, political, ethical, religious, psychological). The paper presents a comparative description of the consequences of globalization. A global assessment of the countries of the world according to the global competitiveness index for 2017-2018 has been carried out. It has been proved that the foreign economic relations in the global integration processes play a special role today. For the modern stage of development of world economic relations dynamism, liberalization, diversification of forms and types of foreign economic activity are characteristic. It is specified that in addition to traditional forms of foreign economic relations (foreign trade, investment cooperation), scientific and technical cooperation, industrial cooperation, monetary-financial, military-technical cooperation, tourism, etc. have been actively developed in recent years. It is argued that economic globalization is the process of formation and development of a single world economic and informational space, which accelerates the capitalization of the introduction of new ideas.
Conclusion. The study made it possible to substantiate and develop scientific principles and scientific and practical recommendations for stimulating the development of foreign economic relations in global integration processes and determining its impact on the international relations. One of the current trends in the global economy is the internationalization of production, which allows transnational corporations to conquer new markets bypassing customs barriers. The study made it possible to substantiate and develop scientific principles and scientific and practical recommendations for stimulating the development of foreign economic relations in global integration processes and determining their impact on international relations.

Author Biographies

O.G. MOROZOVA

PhD in Economics, Associate Professor
Kherson National Technical University
Beryslavske shose,24, Kherson, Ukraine

Yu.M. GALANOVA

student,
Kherson National Technical University
Beryslavske shose,24, Kherson, Ukraine

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Published
2019-09-20