New developments in the global world: challenges and opportunities for Georgia

Shota Veshapidze

New developments in the global world: challenges and opportunities for Georgia

Shota Veshapidze

Doctor of economic sciences, Associate Professor, Ivane Javakhishvili Tbilisi State University

Abstract

Peer review method: Double-Blind

Accepted: September 9, 2023

Published: September 29, 2023

Original scientific article

DOI suffix: 10.36962/NEC18032023-49

The main purpose of this article is to analyze the features of the current reality of globalization, to identify the created opportunities and threats, and to reveal the ways to overcome it. The object of research is the current economic and political processes in the world, as well as, especially, geopolitical issues and the Ukrainian crisis. The work is based on the analysis of various fundamental literature, synthesis, specific statistical data, components of globalization index. The work draws conclusions using the cause-and-effect relationship of facts. Based on the trend of strengthening the multipolar world order, important conclusions and recommendations are presented about the possibilities and threats caused by the modern new reality of globalization, and taking advantage of it.

The new, modern trend of strengthening the multipolar world order not only brings visible positive results, also creates acute problems of protecting national priorities within the framework of international cooperation. Ensuring the country's security is significantly influenced by the growth of interdependence between the subjects of international relations, new events in the global world, the increased openness of the economy of the world’s most countries, the development of joint programs to solve contemporary, important problems.

Keywords: sources of globalization, modern tendency of strengthen the multipolar world order, globalists, anti-globalists.

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Published Date:

07/10/2023

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