Replenishment evolution and structural transformation of global capital Cover Image

Воспроизводственная эволюция и структурная трансформация глобального капитала
Replenishment evolution and structural transformation of global capital

Author(s): Oleg Bilorus
Subject(s): Economy, Supranational / Global Economy
Published by: Institute of Society Transformation
Keywords: Global Capital; Financial Globalisation; Global Financialization; Hyperfinancialization; Global Financial Civilization

Summary/Abstract: The processes and problems of replenishment evolution and structural transformation of the global financial capital under conditions of the world-system of postindustrial globalism forming are discussed in the article from the position of the global political economy and economic globalistics. The objective economic law of uncontrolled and accelerated self-growth of the global financial capital in comparison with GDP/GNP growth has been formulated on the basis of analysis and estimation of the replenishment dynamics of the virtual global financial capital self-growth which is considered to be a main factor of permanent non-cyclical crises of virtual financial resources overproduction and overconsumption. Policy recommendations for the future global financial strategies have also been proposed.

  • Issue Year: 155/2015
  • Issue No: 11-12
  • Page Range: 4-9
  • Page Count: 6
  • Language: Russian
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