№ 12/2019

Fìnansi Ukr. 2019 (12): 7–19https://doi.org/10.33763/finukr2019.12.007

FINANCIAL GLOBALIZATION

BILORUS Oleh ¹

¹Institute for Economics and Forecasting of the NAS of Ukraine
OrcID ID : https://orcid.org/0000-0003-0731-5649

Strategic alternatives of XXI century: convergent-synergetic noospheric co-development

The article deals with topical issues of trade development in the world as a whole, by continents and regions within continents, as well as by groups of countries with different levels of economic development. Based on the analysis of changes in the volumes of exports and imports, nine features of the development of the world market were identified, resulting in an eightfold increase in exports of goods and twelvefold services over 36 years. The estimation of changes in the volume of trade under the influence of the financial crisis of 2008-2010 is given both in the whole world and in the G7 group, as well as China and India as the countries with the largest population. Analyzed the changes in foreign trade balance for the poorest, developing and developed countries (10 countries in each group). Information is given on the openness of the economy of the regions of the planet, as well as on the integration into the global markets of countries with different levels of economic development. A new index has been proposed, which makes it possible to evaluate the performance of foreign affiliates of MNCs. The data on the dependence of the economies of 23 developing and transitive countries on the export of raw materials, as well as on changes in the structure of exports of its main components at the world level, are given. Some new regularities of different groups countries Global Co-development were discovered on the basis of this research.

Keywords:global financial capital, financial civilization, law of global convergence, law of global co-development synergetics, global intellectual (noospheric) capital, system of post-industrial financial globalism

JEL: F63, F65, G01

Bilorus O. . Strategic alternatives of XXI century: convergent-synergetic noospheric co-development / O. . Bilorus // Фінанси України. - 2019. - № 12. - C. 7-19.

Article original in Ukrainian (pp. 7 - 19)

Download

Downloads :51

1. Vernadsky, V. I. (1944). A few words about the noosphere. The progress of modern biology, 18 (2), 113–120.
2. Vernadsky, V. I. (1945). The biosphere and the noosphere. American Scientist, 33 (1), 1–12.
3. Vernadsky, V. I. (1988). Scientific thought as a planetary phenomenon. Naturalist philosophical thoughts. Moscow: Science [in Russian].
4. Le Roy, É. (2011). Dogme et critique. Moscow: Librocom [in Russian].
5. Teilhard de Chardin, P. (1959). The Phenomenon of Man. New York: Harper& Row.
6. Dow, S. (1997). Mainstream economic methodology. Cambridge Journal of Economics, 21 (1), 73-93.
doi.org/10.1093/oxfordjournals.cje.a013660
7. Cedrini, M., Fontana, M. (2018) Just another niche in the wall? How specialization is changing the face of mainstream economics. Cambridge Journal of Economics, 42 (2), 427-451.
doi.org/10.1093/cje/bex003
8. Koutsobinas, T. (2019) Structural dualism, socio-evolutionary reproduction and the transformation of orthodoxy and heterodoxy in economics. Journal of Economic Methodology, 26 (4), 327-346.
doi.org/10.1080/1350178X.2019.1596294
9. Dequech, D. (2012). Post Keynesianism, Heterodoxy and Mainstream Economics. Review of Political Economy,
doi.org/10.1080/09538259.2012.664364
10. Beck, U. (2011). Power and counter power in the age of globalization. The New World Political Economy. Kyiv: Nika-Tsentr [in Ukrainian].
11. Stokes, K. (1994). Man and the Biosphere: Toward a Coevolutionary Political Economy. New York: Routledge.
doi.org/10.4324/9781315487052
12. LaRouche, L. H. (2001). The Economics of the Noosphere. Washington DC: EIR News Services, Inc.
13. Halchynskyi, A. (2013). Political nooeconomics: the beginnings of an updated paradigm of economic knowledge. Kyiv: Lybid [in Ukrainian].
14. Halchynskyi, A. (2015). Political nooeconomics. Economic Theory, 3, 43–55 [in Ukrainian].
15. Bilorus, O. (2013). Postindustrial world system of the globalism or the global noosphere economics? Economic Annals-XXI, 5-6, 100–101 [in Ukrainian].
16. Baldwin, R. (2016). The Great Convergence: Information Technology and the New Globalization. Cambridge, Massachusetts: Belknap Press of Harvard University Press.
17. Bilorus, O. H., Gavryliuk, O. V. (2013). Financial globalization: paradigm shifts and risks. Finance of Ukraine, 7, 7–17 [in Ukrainian].
18. Koziuk, V. V. (2014). Macro-fiscal factors of global instability. Finance of Ukraine, 3, 8–22 [in Ukrainian].
19. Bilorus, O. H. (2014). The hyperfinancialisation of the world economy, its global problems and consequences. Finance of Ukraine, 4, 32–45 [in Ukrainian].
20. Miarkovsky, A. I. (2014). Prospects for improving financial regulation in Ukraine: global challenges. Finance of Ukraine, 5. 7–19 [in Ukrainian].
21. Bilorus, O. H. (2014). The hyperfinancialisation of the world economy, its global problems and consequences (Part 1). Finance of Ukraine, 10, 24–31; 12. 32–41 [in Ukrainian].
22. Gavryliuk, O. V. (2014). Geoeconomical and financial instruments and effects of global confrontation. Finance of Ukraine, 11, 48–74. [in Ukrainian].
23. Bilorus, O. H. (2015). Political world system of financial and economic globalization: new trends and patterns of global financial sector. Finance of Ukraine, 5, 7–15; 6, 7–14 [in Ukrainian].
24. Bilorus, O. H. (2016). Structural transformation of the global capital and hiperfinancialization of reproduction processes. Finance of Ukraine, 1, 7-19 [in Ukrainian].
doi.org/10.15407/etet2016.01.005
25. Gavryliuk, O. V. (2016). Trends of anti-crisis institutional modernization of the international finance structure. Finance of Ukraine, 2, 7-27 [in Ukrainian].
26. Iefymenko, T. I., Gasanov, S. S. Significant success of Ukrainian scientific school of globalistics. Finance of Ukraine, 10, 128-130.
doi.org/10.33763/finukr2018.10.128
27. Bilorus, O. H. (2019). Problems of global governance in the conditions of world financial civilization. Finance of Ukraine, 1, 10-17.
doi.org/10.33763/finukr2019.01.010
28. Khanin, I. G. (2018). Issues of noosphere economic development and cognition. Dnepr: New ideology [in Russian].
29. Belorus, O. G., Vlasov, V. I., Grytsenko, A. A. (2018). Global Converged Network Financial Economics. Lambert Academic Publishing [in Russian].
30. Bilorus, O. H., Vlasov, V. I., Grytsenko, A. A., Iyefmenko, T. I. (2019). Global Converged Network Financial Economics [in Ukrainian].
31. Poliakov, M. V. (2018). Knowledge Economy: Essence, Determinants, Global Landscape. Dnipro: A New Ideology [in Ukrainian].
32. Fedulova, L. I. (2009). Knowledge Economy. Kyiv [in Ukrainian].
33. Nikitenko, P. G. (2006). Noosphere economics and social policy. Minsk: Belarusian science [in Russian].
34. Gasanov, S. S. (2012). Structural transformations of economy and public finances: problems of methodology, theory, economic policy. Kyiv: SESE “the Academy of Financial Management” [in Ukrainian].
35. Gasanov, S. S. (2018). Research and development (R&D) in the national economy structure: international comparisons methodology. RFI Scientific Papers, 3. 5-17 [in Ukrainian].
doi.org/10.33763/npndfi2018.03.005
36. Poliakov, M. V. (2017). Noosphere approach to the development of knowledge and economy. Association “Noosphere” [in Russian].
37. Mychailovska, O. V. (2012). Synergistic paradigm of world economy development. Kyiv: ISEMV NAS of Ukraine [in Ukrainian].
38. Prodi, R. (2002). The concept of a united Europe. Kyiv: KIS [in Ukrainian].
39. Kharari, Yu. N. (2018). 21 lessons for the 21st century. Kyiv: Book Chef [in Ukrainian].
40. Virchenko, V. V. (2018). Intellectual property: theoretical origins and economic imperatives of development. Kyiv: Lira-K [in Ukrainian].