Contents and Essence of World Economy Globalization

Z. K. Radzhabova*, O. T. Radzhabov, M. G. Isaev, B. I. Shikhsaidov, M. N. Osmanov, A. T. Yusupova, M. A. Aliev and A. A. Mirimova
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Z. K. Radzhabova*: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a . FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
O. T. Radzhabov: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a . FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
M. G. Isaev: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a . FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
B. I. Shikhsaidov: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a . FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
M. N. Osmanov: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a . FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
A. T. Yusupova: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a . FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
M. A. Aliev: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a. FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180
A. A. Mirimova: FSBEI HE "Dagestan State University", Makhachkala, M. Hajiyeva str. 43a. FSBEI HE "Dagestan State Agrarian University named after M.M. Dzhambulatov», Makhachkala, M. Hajiyeva str. 180

The Journal of Social Sciences Research, 2018, 34-40 Special Issue: 5

Abstract: The article analyzes the theoretical and methodological issues of content and the essence of the world economy globalization. The genesis and the causes of the globalization process are determined, and it is noted that the globalization of the world economy is an objective process. They gave a detailed and a comprehensive analysis of globalization, where the main impulses of globalization come from economy. Without taking into account the economic component, the main argument is lost, subjecting the objective character of globalization as the process of inevitable and progressive in its basis, albeit controversial one. The authors emphasize that economic globalization is the factor of the national economy development and it is growing in its turn. It follows from the article content that the process of globalization turns the world economy into a single and integral system, formed by the international division of labor, by huge productive and marketing structures, as well as by the global financial and planetary information system and network.

Keywords: Globalization of economy; Investment; Stability; World economy; Communication. (search for similar items in EconPapers)
Date: 2018
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