Economy of Ukraine
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№ 8/2021

Ekon Ukr. 2021 (8): 85–90

CRITIQUE AND BIBLIOGRAPHY

УДК

JEL:

KISTERSKY Leonid1

1Vasyl’ Stus Donetsk National University; Institute of International Business Cooperation, Research ID : http://www.researcherid.com/rid/
OrcID ID : https://orcid.org/https://orcid.org/0000-0001-5993-763X


PREREQUISITES OF MULTIPOLAR GLOBAL ECONOMY FORMATION


The monograph of Svitlana Radziyevska is the logical continuation of the previous research by the author dedicated to a wide range of integration issues on the regional and global levels of the world economy. The study focuses on the theoretical-methodological and practical aspects of the structural interdependence of globalization and regionalization. The author gives her explanation of the process of the multipolar world formation as opposed to the unipolar one. The reader will find the calculated indicators of the major regional integration groupings covering Europe, Asia, North, South America, Africa, as well as thorough description of the economic development of the USA and China. On the one hand, the research examines the Transatlantic Trade and Investment Partnership, striving to sign FTA between the USA and the EU with the purpose of strengthening their joint impact on the world economy in the form of the Euro-Atlantic Center of economic influence, introduced by the USA. On the other hand, the book investigates the Regional Comprehensive Economic Partnership as the coalition pushing the interests of the Eastern enclave of economic power, along with «One belt, one road», initiated by China.
Finally, the mechanism of structural interdependence of globalization and regionalization in the regional integration groups (EU, USMCA, ASEAN) is manifested as a result of the development, on the one hand, of internal ties aimed at ensuring the interaction of forming states and institutions within the association, and, on the other hand, external relations aimed at the bloc’s participation in globalization. Contribution to the study of regionalism as a stimulating phenomenon that determines the development of the global economy, allowed the researcher to conclude that regionalization is critical for a sustainable future of the world.


Keywords:structural interdependence of globalization and regionalization; transnationalization; regional integration groupings; world economy; structure of world economy; integration processes; centers of economic influence; transformation; mechanism; international trade; export of goods.

Article original in Ukrainian (pp. 85 - 90) DownloadDownloads :115
The article was received by the Editorial staff on June 25 , 2021

References

1. Radziyevska S. Globalization and regionalization in the world economy. Kyiv, LLC «TROPEA», 2020, 359 p. [in Ukrainian].