INTEGRATION TENDENCIES UNDER THE CONDITIONS OF GLOBALIZATION TRANSFORMATIONS

Journal Title: The EUrASEANs: journal on global socio-economic dynamics - Year 2019, Vol 1, Issue 5

Abstract

At the turn of the XX—XXI centuries, transformation of the world economic system is determined by a complex of processes, among which globalization occurred as the basic trend of the world economy, despite the contradictory comprehension of its imperatives and consequences in the world economic space. The current process of globalization is the result of increasing trends in polarization of the world architecture in terms of economic power and empowerment. This phase of the functional configuration of the world space causes the emergence of global problems and conflicts, predetermining the need for the economies of the world to cooperate closer and more openly on the design of the most effective mechanism for economic synthesis. Thus, the main line of today’s interaction of national economies at the global level is integration which is creating internal sources for economic growth and development. In the context of the above, the authors consider that integration trends in the global community have been caused by the ongoing globalization trends. The specifics of such changes are presented on the example of the Asia-Pacific region. At the same time, the main directions of Russian geopolitics and its role in the formation of integration associations in the Asia-Pacific region are shown.

Authors and Affiliations

Irina Afanasyeva, Dmitriy Uznarodov

Keywords

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  • EP ID EP659859
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How To Cite

Irina Afanasyeva, Dmitriy Uznarodov (2019). INTEGRATION TENDENCIES UNDER THE CONDITIONS OF GLOBALIZATION TRANSFORMATIONS. The EUrASEANs: journal on global socio-economic dynamics, 1(5), 16-22. https://europub.co.uk/articles/-A-659859