Substantive Global Challenges to Development of the World Economy and their Influence upon the Economic Security of a State

The article studies substantive global challenges to development of the world economy under the conditions of intensification of the processes of integration, trans-nationalisation and globalisation of the world economy as the highest stage of its internationalisation in the planetary scale. It reveals and analyses main challenges to development of the global economy and studies their influence upon economic security of a state. It conducts a deep objective scientific analysis and system comprehension of new world realities from the point of view of main provisions of the modern institutional economic theory. It reveals and justifies essential aspects and existing contradictions of the developing processes of globalisation, internationalisation and trans-nationalisation. It pays a special attention to the study of influence of the said processes upon functioning of subjects of the world economic system. It analyses further prospects, directions, rates and general trends of the socio-economic development of national economies of the countries of the world.