E3S Web of Conferences (Jan 2023)
Global processes and their impact on the development of the macro-regional economy
Abstract
Globalization is a process of worldwide economic, political and cultural integration and unification. The authors determined that the processes of globalization are due to economic feasibility. But, at the same time, since the effects of globalization are distributed, as a rule, unevenly and cause contradictions in the financial sector, the excessive integration and interdependence of countries exacerbate the crisis in social development. It is noted that, due to the evolution of social development, all states must to participate in the processes of globalization, however, one should adhere to a policy to reduce the impact of global problems at the level of an individual country and around the world. It is possible to avoid the negative impact of global processes by systematizing them and analyzing in detail the causes of problems. A study was made of the causes of global problems and their systematization was carried out according to the main features. It is concluded that states face the difficult task of finding new forms of interaction or transforming and improving existing elements of interaction between various international institutions and finding mutually beneficial compromises.