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Contents and Essence of World Economy Globalization

Author

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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)

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.

Suggested Citation

  • Z. K. Radzhabova* & O. T. Radzhabov & M. G. Isaev & B. I. Shikhsaidov & M. N. Osmanov & A. T. Yusupova & M. A. Aliev & A. A. Mirimova, 2018. "Contents and Essence of World Economy Globalization," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 34-40:5.
    • Handle: RePEc:arp:tjssrr:2018:p:34-40
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    References listed on IDEAS

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    1. Alexandr Pakhomov & A Makarov, 2014. "The 2013 Results Of Global Trade In Goods And Services," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 41-45, May.
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