From the crisis-generating nature of global development to the transformation of the world financial and economic architecture
The modern dynamics of the global processes unfolding in the financial and economic sphere is currently experiencing a wide range of crises of different profiles (which forms the crisis-generating nature of global development), requiring the development of new approaches to overcome them. This deter...
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| Format: | Article |
| Language: | English |
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Peoples’ Friendship University of Russia (RUDN University)
2021-12-01
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| Series: | RUDN Journal of Economics |
| Subjects: | |
| Online Access: | http://journals.rudn.ru/economics/article/viewFile/26026/19201 |
| _version_ | 1818827561553100800 |
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| author | Fedor A. Smirnov Anatoly V. Golovkov |
| author_facet | Fedor A. Smirnov Anatoly V. Golovkov |
| author_sort | Fedor A. Smirnov |
| collection | DOAJ |
| description | The modern dynamics of the global processes unfolding in the financial and economic sphere is currently experiencing a wide range of crises of different profiles (which forms the crisis-generating nature of global development), requiring the development of new approaches to overcome them. This determines the relevance of the description of a crisis dynamic, specific examples of its evolution and growth. The purpose of the study is to identify the main contours of the transformation of the world financial and economic architecture (WFEA) in such conditions. For this, the methodology of systems analysis, the dialectical method of scientific knowledge, methods of historical, logical and comparative analysis were used. As a result, it was concluded that the monetary methods used only make it possible to stop the spread of the crisis, but do not remove its root causes, since the crisis dynamics has a steady growing nature, which occurs with a parallel increase in emission volumes. The comparison of two world economic structures of the established imperial and new integral ones is carried out. The issue of the process of gradual renewal of the entire world system, WFEA, its reboot with elements of transformation, but in the general outlines of evolution, is considered. The revolutionary nature of development will be associated only with technological leaps, including due to the manifestation of the sixth wave of technological development, which will also adjust the transformation of the entire WFEA to itself. |
| first_indexed | 2024-12-19T00:45:31Z |
| format | Article |
| id | doaj.art-5e6568d2d810488fb61a0129aa367a61 |
| institution | Directory Open Access Journal |
| issn | 2313-2329 2408-8986 |
| language | English |
| last_indexed | 2024-12-19T00:45:31Z |
| publishDate | 2021-12-01 |
| publisher | Peoples’ Friendship University of Russia (RUDN University) |
| record_format | Article |
| series | RUDN Journal of Economics |
| spelling | doaj.art-5e6568d2d810488fb61a0129aa367a612022-12-21T20:44:17ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Economics2313-23292408-89862021-12-0129121022210.22363/2313-2329-2021-29-1-210-22219894From the crisis-generating nature of global development to the transformation of the world financial and economic architectureFedor A. Smirnov0Anatoly V. Golovkov1World-System Research Center (Think Tank)World-System Research Center (Think Tank); Analytical Center for the Government of the Russian FederationThe modern dynamics of the global processes unfolding in the financial and economic sphere is currently experiencing a wide range of crises of different profiles (which forms the crisis-generating nature of global development), requiring the development of new approaches to overcome them. This determines the relevance of the description of a crisis dynamic, specific examples of its evolution and growth. The purpose of the study is to identify the main contours of the transformation of the world financial and economic architecture (WFEA) in such conditions. For this, the methodology of systems analysis, the dialectical method of scientific knowledge, methods of historical, logical and comparative analysis were used. As a result, it was concluded that the monetary methods used only make it possible to stop the spread of the crisis, but do not remove its root causes, since the crisis dynamics has a steady growing nature, which occurs with a parallel increase in emission volumes. The comparison of two world economic structures of the established imperial and new integral ones is carried out. The issue of the process of gradual renewal of the entire world system, WFEA, its reboot with elements of transformation, but in the general outlines of evolution, is considered. The revolutionary nature of development will be associated only with technological leaps, including due to the manifestation of the sixth wave of technological development, which will also adjust the transformation of the entire WFEA to itself.http://journals.rudn.ru/economics/article/viewFile/26026/19201global financial and economic architectureworld financial systemcrisis potentialsixth wave of the technological developmenttransferable rublequantitative easing |
| spellingShingle | Fedor A. Smirnov Anatoly V. Golovkov From the crisis-generating nature of global development to the transformation of the world financial and economic architecture RUDN Journal of Economics global financial and economic architecture world financial system crisis potential sixth wave of the technological development transferable ruble quantitative easing |
| title | From the crisis-generating nature of global development to the transformation of the world financial and economic architecture |
| title_full | From the crisis-generating nature of global development to the transformation of the world financial and economic architecture |
| title_fullStr | From the crisis-generating nature of global development to the transformation of the world financial and economic architecture |
| title_full_unstemmed | From the crisis-generating nature of global development to the transformation of the world financial and economic architecture |
| title_short | From the crisis-generating nature of global development to the transformation of the world financial and economic architecture |
| title_sort | from the crisis generating nature of global development to the transformation of the world financial and economic architecture |
| topic | global financial and economic architecture world financial system crisis potential sixth wave of the technological development transferable ruble quantitative easing |
| url | http://journals.rudn.ru/economics/article/viewFile/26026/19201 |
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