Transformation of the global economic space in the present

Abstract

The article considers the main regularities of the formation of globalization processes of the present. It is determined that globalization can be considered as a civilizational shift, which has already become a social reality and was the result of global development. The driving forces of globalization are the deepening of the international division of labor on the basis of the growing differentiation of high-tech end-products and intermediate products, deepening of international transport infrastructure, the coup in the means of telecommunications, the development of transnational entrepreneurship, considering the entire world space as the only field for international business. The globalization of the world economy manifests itself in the growth of world trade and in the more rapid transfer of capital, as well as in the intensification of transnational movements of other factors of production: the hypertrophied transborder movement of huge financial means, far outstripping the growth rates of their serving industries and trade; a new role of managerial processes of international organizations.