Geopolitical and Economic Trends of Modern World Development

Abstract

The relevance of the presented research is determined by the fact that in the current decade, changes in global development trends are associated with significant changes that, with varying degrees of probability, can occur within several cycles of economic activity. The purpose of the presented research is to analyze modern world development through the prism of the cumulative infl uence of economic activity cycles of varying duration and strength of infl uence, which determine the emerging mega trends of the coming decade. The novelty of the obtained results lies in identifying the main factors influencing the geopolitical economic trends of contemporary world development, which manifest in the superposition of expected intense changes within the cycles of J. Kitchin, K. Juglar, and N. Kondratieff , potentially demonstrating a convergence in the timing of crisis phases in 2024. The practical significance of the results is in the possibility of using the identified patterns for making strategic management decisions at the meso- and macro-levels.