Mednarodno Inovativno Poslovanje (Jun 2021)

Pandemic as the Trigger for a New Phases of Globalization

  • Ludmila L. Zobova,
  • Elena K. Evdokimova,
  • Svetlana A. Mukhamedieva

DOI
https://doi.org/10.32015/JIBM/2021.13.1.60-64
Journal volume & issue
Vol. 13, no. 1
pp. 60 – 64

Abstract

Read online

The modern world is a world of global trends. Studies often do not take into account the nonlinearity of the process and create the appearance of automatically deepening and expanding global processes that affect all areas of life. Globalization is considered in the article as a non-linear process of spatial interaction, mutual influence and interdependence of the world economy subjects. One of the main periodization criteria of economic globalization is the qualitative changes in spatio-temporal relations. Thepurpose of the paper is to justify the reasons for the emergence of a new phase of globalization. The pandemic has triggered a serious blow to the global interdependent economy. This means that globalization is entering a new phase.

Keywords