Adaptation of the Global Economy to the Process of its Deglobalization

Abstract

The subject of the research is the process of modern world development, characterized by increased conflict and increased deglobalization. The purpose of the work is to establish the main characteristics of the current processes of globalization and deglobalization, as well as the content of the “global excess” effect. The methodology of this research consists of the theory of poles of development and adaptation of managed systems, ideas about globalization and the global crisis of modern capitalism, and statistical data analysis. The result of the study confirms the thesis that globalization took place in a “global excess” mode, which ensured an increase in contradictions that led to deglobalization and the formation of a multipolar system of international relations and global economic development. However, the centers of economic power are resisting the above process and will continue to do so. Models of adaptation of the global economic system to deglobalization are proposed, providing for overcoming the “global excess” based on the doctrine of“coordinated development”, which removes the analytical outline of reasoning from the stereotypical model of “revision of the international order”, which was never achieved before the emergence of modern new trends in deglobalization, accompanied by a change in the world economic leader and the emergence of several leading states. It is concluded that it is necessary to find recipes for overcoming the analytical and ideological crisis, and then the financial and economic crises of capitalism, without eliminating which by a set of special efforts, adaptation and management of the deglobalization process will be problematic.