INTERACTION OF POLITICAL AND ECONOMIC SPHERE IN THE CONTEXT OF GLOBALIZATION
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TERLETSKA Iryna,
PhD in History, Asssociate Professor of the Phylosophical and Social Sciences Department of Kyiv National University of Trade and Economics
INTERACTION OF POLITICAL AND ECONOMIC SPHERE IN THE CONTEXT OF GLOBALIZATION
Background. Under the conditions of globalization, the nature of political power changes; nation states are losing part of their sovereignty under the pressure of the emerging global power. Now there are new subjects of public power, which, having economic power, determine the activities of the political power. At the same time, the deepening of contradictions, conflicts and threats in the world requires the intensification and strengthening of both the role of the state and the influence of international political institutions.
The aim of this article is to analyze some aspects of interaction and interdependence of the world of politics and economy in the conditions of globalization, reveal the main tendencies of this process and the threats associated with it.
Materials and methods. The research is based on a critical approach, the methodological basis of which constitute the following methods: analysis and synthesis, historical, systemic, comparative; principles of knowledge –- historicism, objectivity, systematicity, social conditionality.
Results. Globalization implies a specific relationship between economic and political aspects. In a controversy on the impact of globalization on the balance of political and economic spheres, two different positions emerged. The first states that globalization weakens the nation state. The second is that globalization does not weaken the state, but challenges it. The main actors in power, to whom the states are forced to give up their particular sovereign rights, are international, transnational non-governmental organizations operating in the territories of the states, but remaining outside the influence of these states. Centers for making important social decisions shift from national to supranational level. International organizations, multinational corporations, developed countries make up a new system of global power that functions beyond the control of the public. Globalization, which involves openness and free competition for goods and services from around the world, turns for "weaker players" into the dominance of imported goods and the decline of their own productions. Therefore, the interaction of the political and economic spheres in the conditions of globalization is increasing and at the same time it becomes more controversial, ambiguous. Ukraine has joined the globalization processes and is taking steps to integrate. But there are certain problems in the relations between the subjects of political and economic power: the difficulties in relations between the Ukrainian state and IFIs (international financial organizations); inefficiency of state regulation in an open economy and high level of its dependence on foreign resources.
Conclusion. Ukraine needs to enter the "average" level of economic development and the welfare of its citizens, to learn in practice democratic values. Only under such conditions globalization will bring our country success. For Ukraine, the main tasks are the transformation of certain functions of the state in the field of economy: from the controller to the arbitrator; concentration of the state apparatus on strategic functions instead of "patching the holes"; reduction of bureaucracy and corruption.
Keywords: Globalization, global power, economic sphere, nation-state, political sphere.
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TERLETSKA Iryna,
PhD in History, Asssociate Professor of the Phylosophical and Social Sciences Department of Kyiv National University of Trade and Economics
INTERACTION OF POLITICAL AND ECONOMIC SPHERE IN THE CONTEXT OF GLOBALIZATION
Background. Under the conditions of globalization, the nature of political power changes; nation states are losing part of their sovereignty under the pressure of the emerging global power. Now there are new subjects of public power, which, having economic power, determine the activities of the political power. At the same time, the deepening of contradictions, conflicts and threats in the world requires the intensification and strengthening of both the role of the state and the influence of international political institutions.
The aim of this article is to analyze some aspects of interaction and interdependence of the world of politics and economy in the conditions of globalization, reveal the main tendencies of this process and the threats associated with it.
Materials and methods. The research is based on a critical approach, the methodological basis of which constitute the following methods: analysis and synthesis, historical, systemic, comparative; principles of knowledge –- historicism, objectivity, systematicity, social conditionality.
Results. Globalization implies a specific relationship between economic and political aspects. In a controversy on the impact of globalization on the balance of political and economic spheres, two different positions emerged. The first states that globalization weakens the nation state. The second is that globalization does not weaken the state, but challenges it. The main actors in power, to whom the states are forced to give up their particular sovereign rights, are international, transnational non-governmental organizations operating in the territories of the states, but remaining outside the influence of these states. Centers for making important social decisions shift from national to supranational level. International organizations, multinational corporations, developed countries make up a new system of global power that functions beyond the control of the public. Globalization, which involves openness and free competition for goods and services from around the world, turns for "weaker players" into the dominance of imported goods and the decline of their own productions. Therefore, the interaction of the political and economic spheres in the conditions of globalization is increasing and at the same time it becomes more controversial, ambiguous. Ukraine has joined the globalization processes and is taking steps to integrate. But there are certain problems in the relations between the subjects of political and economic power: the difficulties in relations between the Ukrainian state and IFIs (international financial organizations); inefficiency of state regulation in an open economy and high level of its dependence on foreign resources.
Conclusion. Ukraine needs to enter the "average" level of economic development and the welfare of its citizens, to learn in practice democratic values. Only under such conditions globalization will bring our country success. For Ukraine, the main tasks are the transformation of certain functions of the state in the field of economy: from the controller to the arbitrator; concentration of the state apparatus on strategic functions instead of "patching the holes"; reduction of bureaucracy and corruption.
Keywords: Globalization, global power, economic sphere, nation-state, political sphere.
FREE FULL TEXT (PDF)