Determinants of international trade growth under hyper-globalization and digitalization

Abstract

The article analyzes and summarizes trends in international trade in the conditions of new
factors: unstable world economy, hyper-globalization impact, increasing protectionist attitudes in foreign trade of the world economies. Some conclusions concerning the influence of modern international trade on the polarization of income in scales of the world economy are made. Special attention is given to the assessment of peculiarities and potential of international trade growth under digitalization and digital transformations.