THE POLEMIC ON INVESTIGATION THE ECONOMICAL ESSENCE OF THE CATEGORY "DISPROPORTION" IN THE CONTEXT OF ECONOMIC GLOBALIZATION Cover Image

THE POLEMIC ON INVESTIGATION THE ECONOMICAL ESSENCE OF THE CATEGORY "DISPROPORTION" IN THE CONTEXT OF ECONOMIC GLOBALIZATION
THE POLEMIC ON INVESTIGATION THE ECONOMICAL ESSENCE OF THE CATEGORY "DISPROPORTION" IN THE CONTEXT OF ECONOMIC GLOBALIZATION

Author(s): Anatolii Vdovichen
Subject(s): Economy
Published by: Mykolas Romeris University
Keywords: proportionality; disproportionality; disproportion; imbalance

Summary/Abstract: The growing role of the world economy integration processes in recent decades, consolidation of the globalization (as the main trend in the world economy) led to significant changes in the international division of labor, the nature and principles of global economic relations. Quantitative and qualitative differences involving individual countries to integration processes led to the formation of global economic disproportions. The contradictory nature of globalization is driven by rapidly developing science and technology, the mass character of modern production, the accelerated development of information and communication technologies etc. and at the same time by extremely unequal effects for different countries. Thus, the benefits multiply headmost of them and emit a narrow group of newly industrialized countries with significant potential for international competitiveness.

  • Issue Year: 8/2014
  • Issue No: 2
  • Page Range: 126-134
  • Page Count: 9
  • Language: English
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