Open AccessGlobal challenges in the modern economy
Author(s) -
V. L. Hursky
Publication year - 2021
Publication title -
vescì nacyânalʹnaj akadèmìì navuk belarusì. seryâ gumanìtarnyh navuk
Language(s) - English
Resource type - Journals
eISSN - 2524-2377
pISSN - 2524-2369
DOI - 10.29235/2524-2369-2021-66-4-487-497
Subject(s) - dominance (genetics) , economic system , government (linguistics) , business , technological change , digital economy , economic power , economy , control (management) , order (exchange) , state (computer science) , production (economics) , market economy , economics , political science , politics , management , biochemistry , chemistry , linguistics , philosophy , macroeconomics , finance , algorithm , computer science , law , gene
The article is devoted to the study of the modern global challenges that have a significant impact on the transformation of international economic relations, namely: the exacerbation of the struggle among global players for technological dominance, caused by the transition to a new technological order (digital economy), and the intensification of the struggle between TNCs and government structures for control over resources, caused by the growing power of TNCs and their desire to get rid of state control. It is noted that a change in the system of socio-economic relations, based on the widespread introduction of digital means of production, forms a new type of management of socio-economic processes, and the strengthening of the role of corporations in shaping countries’ economic policies generates risks of domination of corporate interests over public ones.