New directions for development of globalization of the world economy

Abstract

The authors examine evolutionary trends in globalization of the world economy, underline the effects of the recent crises on it and point out the new ones. In particular, they emphasize the evolution of the process of globalization and increased use of highly competitive resources for research and development in other countries. Besides, the authors note the shift of globalization towards emerging economies, enhanced role of international economic organizations in regional integration. In conclusion, the authors briefly highlight the directions of integration of Russia’s economy into world economic globalization.