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2021•Chronos economy sciencesOpen access

FINANCIAL GLOBALIZATION AS A MODERN STAGE OF INTERNATIONALIZATION OF THE WORLD ECONOMY

Svetlana Aleksandrovna Javadova, Valeria Valeryevna Osipova

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Abstract

In a constantly developing world, the role of financial globalization is becoming one of the most important for the future prosperity of the entire world economy. This article examines the situation of countries in the international arena by the level of globalization, in order to compare their components. The threats arising in the process of economic globalization are considered. The pros and cons of globalization in the economy are revealed. Based on the conducted research, reasonable conclusions are made. This work covers a whole range of relevant information on this topic.

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In a constantly developing world, the role of financial globalization is becoming one of the most important for the future prosperity of the entire world economy. This article examines the situation of countries in the international arena by the level of globalization, in order to compare their components. The threats arising in the process of economic globalization are considered. The pros and cons of globalization in the economy are revealed. Based on the conducted research, reasonable conclusions are made. This work covers a whole range of relevant information on this topic.

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Available abstract

In a constantly developing world, the role of financial globalization is becoming one of the most important for the future prosperity of the entire world economy. This article examines the situation of countries in the international arena by the level of globalization, in order to compare their components. The threats arising in the process of economic globalization are considered. The pros and cons of globalization in the economy are revealed. Based on the conducted research, reasonable conclusions are made. This work covers a whole range of relevant information on this topic.

Key concepts: Globalization, Prosperity, Internationalization, World economy, Order (exchange), Financial globalization, Work (physics), Economic system

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