Theoretical Aspects of the World Economic Order

Journal Title: Globalization and Business - Year 2016, Vol 1, Issue 1

Abstract

The world economy has passed to development of new level where the main participant of the state re- lations is the national state as the institute which is in process of important transpharmacy. At the moment the world creates a new order. The world economic order means an order, as in the national economic relations, so in the course of func- tioning of national economy. At the present stage, the international economic order, is based on the liberaliza- tion relations between the countries. Liberalism of the economic relations has the main contradictory character defining the reason of the operating world economic order. It is necessary to pay attention that not one country of the world doesn’t deny need of the economic relations with other countries. The new world economic order, considerably depends on processes of modernization of the operating international organizations. Some scientists of world economy point to creation of the so-called “Economic UN” which differs in the high speed of the movement of financial resources and therefore, demand bigger flexibility and efficiency of regulation, than political processes. We keep creation of the commission for “developments of globalization and world economy” for the purpose of the solution of global problems in the conditions of globalization

Authors and Affiliations

Guguli Kurashvili, Tamar Beridze

Keywords

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  • EP ID EP567778
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How To Cite

Guguli Kurashvili, Tamar Beridze (2016). Theoretical Aspects of the World Economic Order. Globalization and Business, 1(1), 82-84. https://europub.co.uk/articles/-A-567778