Bìznes Inform (May 2021)

Globalization and Security: The Economic, Social and Political Aspects

  • Kramchaninova Maiia D.,
  • Vakhlakova Viktoriia V.

DOI
https://doi.org/10.32983/2222-4459-2021-5-16-21
Journal volume & issue
Vol. 5, no. 520
pp. 16 – 21

Abstract

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This research underlines the growing importance of critical studying the role of globalization in the context of the problem of ensuring human security. In the global open economy, direct changes in the nature of economic activity and social interaction significantly increase the weight and importance of the factors that affect social, political and economic stability. By carrying out an analysis of the data reflecting the results of the social, economic and political consequences of COVID-19, the authors try to provide useful insights into the patterns inherent in the economic, social and political processes. Studying the dynamics of pandemic development allows to examine in more detail the connection between the economy, social security and political stability, paying attention to the nature of social, economic and political processes and the scale of their interdependence. According to the results of the research, the main threats arising from the pandemic in the field of economic, social and political components of national security have been established. It is displayed that the social, economic and political security spheres within the State are interrelated. Due to the relationship between them, the lack of stabilization in one of these areas can generate potential danger and changes of negative nature in other areas. Most of the risks and threats identified by the authors flow out of each other, which makes them also interrelated. In the view of the authors, public expectations as to political and economic interactions in the field of ensuring national and global security require the government to make significant changes and transform its view on important aspects of the organization of social, economic and political life of society, in accordance with global challenges.

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