Globalization: no alternative

Authors

  • Sergej Ivanovich Dolgov Russian Foreign Trade Academy
  • Yuri Anatolievich Savinov Russian Foreign Trade Academy

Keywords:

globalization, global economy, international cooperation, impact of political forces, economic growth, Russia

Abstract

The authors consider the essence of globalization in the world economy, its main characteristics and the history of its evolution. The theoretical foundations of globalization are analyzed and the complexity of the dynamics of this process depending on its main three elements (economic, political and social) is proved. The dependence of the index of globalization, as the primary measurement tool, on economic globalization indicators is shown. The authors examine the impact of globalization on economic growth and on social and political processes in the society. Particular attention is paid to the analysis of the negative aspects of globalization caused in recent years, in particular the influence of political forces. Despite the emergence and manifestation of dialectical contradictions in the development of globalization, the authors make a conclusion about its objective nature noting Russia’s commitment to international cooperation.

Author Biographies

Sergej Ivanovich Dolgov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy, Research supervisor of Academy

Yuri Anatolievich Savinov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy, Department of foreign trade and international transactions, Professor

Published

2024-02-08

How to Cite

Dolgov, S. I., & Savinov, Y. A. (2024). Globalization: no alternative. Russian Foreign Economic Journal, (9), 3–26. Retrieved from https://journal.vavt.ru/rfej/article/view/1976

Issue

Section

World economy

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