DYNAMICS OF GLOBALIZATION PROCESSES IN THE CONTEXT OF CURRENT TRENDS OF INTERNATIONAL ECONOMIC POLICY

Abstract

The article is devoted to the study of the content and dynamics of modern globalization processes that occur in the implementation of the new protectionism to the economic policies of many countries. It was shown that the reduction of the quantitative indicators of globalization during 2008-2015 was due, first of all, to the reduction of economic, mainly trade, globalization, as a result of a significant slowdown in international flows of goods, capital and people (economic globalization de facto), and protectionist measures of economic policy (economic globalization de jure). The article substantiates the position of the author on the groundlessness of the statement about the implementation of the new protectionism as the beginning of "deglobalization". The high dependence of globalization on the cyclic nature and conditions of the world economy, as well as the strong correlation of globalization processes with Kondratieff long waves, can explain the present reduction of globalization at protectionism basis, by the entry of the world economy into the descending phase of a large cycle, and also assume an acceleration of globalization and come back to free trade after the transition to the ascending phase of the cycle.