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WORLD ECONOMICS AND INTERNATIONAL ECONOMIC RELATIONS [Economic Annals-XXI N11-12(1)'2013]

 Oleg Bilorus

Academician of the National Academy of Sciences of Ukraine, D. Sc. (Econ.), Professor, Head of Department of Globalization, Geopolitics and Geo-economics, Institute of World Economy and International Relations of the NAS, Kyiv, Ukraine
 
GLOBAL NEO-CONVERGENCE OF TRANSITIVE AND TRANSFORMATIVE SOCIO-ECONOMIC SYSTEMS

Abstract. At the new phase of globalization with an increase in the breadth and depth of global integration significantly strengthens the process of neo-convergence of transitive and avant-garde transformative countries which have market-based, but different in the technical and economic level of development and competitiveness socio-economic systems. This complicates interaction and synergistic effects of global co-development. The author proves that all countries: the rich and the poor, over-developed and developing move towards a single global economy, a single global formational-economic system – a World-system of globalizm. Survival and competitive co-development of transitive countries in the World-system of globalizm is directly dependent on success of these countries in competitive dynamic neo-convergence. For transitive countries, neo-convergence with avant-garde countries becomes imperative and is the objective law of co-development and interaction. Only after successful neo-convergence transitive countries can become the subjects and not the objects of geo-economics. The author concludes that the new socio-economic convergence is the most important pattern of globalization and the global economy. Global law of neo-convergence is objective law that affects efficiency of the future global economy.

Keywords
: convergence; neo-convergence; socio-economic system; global integration; global competition; World-system of globalizm.
 
JELClassification: F01, P27
 
References
1.     Bilorus, O. H. (2003). Economic System of Globalizm. Kyiv: KNEU (in Russ.).
2.     Vlasov, V. I. (2012). Globalistics: History and Theory.  In O. H. Bilorus & V. A. Verhunov (Sc. Eds.). Vinnytsia: Nilan Ltd (in Ukr.).
3.     Modelski, G. (1999). The long and Short of Global Politics in the XXI Centaury: An evolutionary Approach. N.Y.: ISR.
4.     Bacevich, A. (1999). Policing Utopia. The Military Imperatives of Globalization. N.Y.: PPPH.
5.     Clinton, B. (1998). Remarks by the President at the US Naval Academy. W., MD.
6.     Kennedy, P. (1999). The Next American century. W.: WP.
7.     Gelbraith, J. K. (1983). The End of Imperialism Era. Geneva: IDC.
8.     Gelbraith, J. K. (1973). Economics and Public Purposes. Boston, HMC.
9.     Gelbraith, J. K. (1971). The New Industrial Society. Boston, HMC.
10.   Toynbee, A. J. (1991).AStudyofHistory (Trans. from Eng.). Moscow: Progress (in Russ.).
11.   The National Intelligence Council (2008). Global Trends 2025: A Transformed World. Retrieved from http://www.cfr.org/world/global-trends-2025-transformed-world/p17927
12.   Utkin, A. I., & Fedotova, V. G. (2009). The future from the point of view of the National Investigation  Council of the USA: the global tendencies up to 2025. Moscow: INES-MAIB (in Russ.).
13.   New York Times, 2000, Jun. 24, p. 31.
14.   Soros, G. (1998). The Crisis of Global Capitalism: Open Society Endangered. N.Y.: Public Affairs.
15.   Bilorus, O. H. et al. (2001). Globalization and Security of Development. In O. H. Bilorus (Sc. Ed.). Kyiv: KNEU (in Ukr.). 

 

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