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Reference:

Zhigaylo, V.V. Theoretical bases of globalization of the world economy.

Abstract: Globalization of world economy should be understood as formation of a global economic system, where the key source of social wealth should be science and entrepreneurial capital, which would lead to greater interdepen125 dency of states, more intensive international trade in goods and services, more active global economic unions (international cooperation in the sphere of production). In the author’s opinion the process of globalization refl ects on states of the world unevenly, and the key problem of globalization is polarization of incomes of developed and developing states.


Keywords:

economics, globalization, internationalization, system, competition, capital, integration, defi nition, basis


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