IMPACT OF GLOBALIZATION ON THE DEVELOPMENT OF INTERNATIONAL SOCIO-ECONOMIC PROCESSES

Abstract

Based on the results of the research, an analysis of the essence of the development of globalization processes in the context of their socio-economic, political, ecological and cultural manifestations was carried out. The peculiarities and role of the functioning of global international economic institutions, in particular such as the International Monetary Fund (IMF), the World Trade Organization (WTO), are determined. The negative consequences of globalization are identified and characterized, including the increase in migration, legal and illegal, either for economic reasons or due to environmental disasters. It has been established that in the social sphere globalization has significantly affected the levels and conditions of employment and the social rights of workers. The emergence of international movements, usually called anti-globalization, uniting trade unions, environmental non-governmental organizations, political, human rights, scientific circles, women's organizations and all those interested in creating a fairer world is substantiated. In the economic sphere, globalization is associated with the development of capitalism as an economic system, often based on the belief in self-regulating markets. Globalization has fostered economic freedom and supposedly raised living standards around the world, even as the gap between the rich and the poor widens in relative terms. The implementation of tasks to prevent the impact of various types of risks caused by globalization processes requires a deep analysis of the international legal field, requirements and rules that will need to be implemented for the actual implementation of international obligations at the domestic level through the transformation of international legal norms into national laws and by-laws . In the conditions of modern global challenges for the socio-economic security of Ukraine, it is relevant to study issues aimed at forming resistance to the influence of negative factors, strengthening competitiveness at the global level in general, quick response to changes in the establishment of global norms and ensuring their compliance. The relevance of this issue is the development of high-tech spheres of activity, the creation of new technology transfer centers or institutions, the introduction of measures to simplify the control of conducting business at various levels and stimulate their continuous development in order to reduce the level of import dependence, which in turn will lead to an increase in the volume of direct foreign investments.