Transition from an International Economy to a Global Economy

The purpose of this article is to analyze the emergence of a new and different field for economic action. This new field is called the world economy, which is beyond the international economy, and its nature and the fundamental forces affecting it differ from those affecting the international econom...

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Main Author: Hosein Salimi
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2021-09-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_13059_11142b4c7ba4c2383acec78bad09302f.pdf
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author Hosein Salimi
author_facet Hosein Salimi
author_sort Hosein Salimi
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description The purpose of this article is to analyze the emergence of a new and different field for economic action. This new field is called the world economy, which is beyond the international economy, and its nature and the fundamental forces affecting it differ from those affecting the international economy. Due to this new environment, phenomena such as global capital and the global value chain have emerged, without which it is impossible to obtain a correct picture of the construction of economics, both within countries and globally. Policy-making will also be different in this new environment. This article is meant to demonstrate how the development of new global phenomena contributed to the emergence of a new global economic climate that has transformed the behavior and position of nations within the new global order. Despite the many differences between theories, in the first part of this article, we will try to highlight the fact that they agree on the formation of the world economy and the world entering a new stage. Based on the data gathered from sources such as the annual reports of the World Trade Organization, the UNDP, and the International Monetary Fund, we present in the second section that the change has actually occurred and the world has entered a new space.
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spelling doaj.art-83462808bdb84f83b90b4eacd4c958542023-12-26T08:04:16ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532021-09-01218216319510.22054/joer.2021.56239.91113059Transition from an International Economy to a Global EconomyHosein Salimi0Professor, International Relations, Allameh Tabataba'i University, Tehran, IranThe purpose of this article is to analyze the emergence of a new and different field for economic action. This new field is called the world economy, which is beyond the international economy, and its nature and the fundamental forces affecting it differ from those affecting the international economy. Due to this new environment, phenomena such as global capital and the global value chain have emerged, without which it is impossible to obtain a correct picture of the construction of economics, both within countries and globally. Policy-making will also be different in this new environment. This article is meant to demonstrate how the development of new global phenomena contributed to the emergence of a new global economic climate that has transformed the behavior and position of nations within the new global order. Despite the many differences between theories, in the first part of this article, we will try to highlight the fact that they agree on the formation of the world economy and the world entering a new stage. Based on the data gathered from sources such as the annual reports of the World Trade Organization, the UNDP, and the International Monetary Fund, we present in the second section that the change has actually occurred and the world has entered a new space.https://joer.atu.ac.ir/article_13059_11142b4c7ba4c2383acec78bad09302f.pdfglobal economyinternational economyglobal capitalglobal value chainglobal financial system
spellingShingle Hosein Salimi
Transition from an International Economy to a Global Economy
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
global economy
international economy
global capital
global value chain
global financial system
title Transition from an International Economy to a Global Economy
title_full Transition from an International Economy to a Global Economy
title_fullStr Transition from an International Economy to a Global Economy
title_full_unstemmed Transition from an International Economy to a Global Economy
title_short Transition from an International Economy to a Global Economy
title_sort transition from an international economy to a global economy
topic global economy
international economy
global capital
global value chain
global financial system
url https://joer.atu.ac.ir/article_13059_11142b4c7ba4c2383acec78bad09302f.pdf
work_keys_str_mv AT hoseinsalimi transitionfromaninternationaleconomytoaglobaleconomy