Doctor of Economics, Professor of the International Economic Relationships Department of Kyiv National University of Trade and Economics
GLOBAL GOVERNANCE IN THE CONTEXT OF INTERNATIONAL POLITICAL ECONOMY
Background.The need for global governance (GG) of world economy is conditioned by the instable turbulent state, that is the reason of global crisis and the urgent need to minimize the consequences.
Analysis of recent research and publications. The actuality of clarification of the nature of subjects and objects of global governance is determined on the basis of analysis of publications of foreign and domestic experts.
The aim of the article is the clarification of the paradigm of global governance in the methodological discourse of international political economy (IPE).
Materials and methods.The materials of the research are the proceedings of domestic and foreign specialists. The following general scientific methods of research were used while preparing the article: historical, logical analysis, synthesis and abstraction.
Results.It is proved that the ontological problems of globalization and its governance should be added to the subject-methodological discourse of IPE. The global economy is proposed to be considered as nonlinear, heterogeneous, interconnected, unstable system; at the heart of its development is the constant balancing of conflicting interests of its subjects. GG methodology was substantiated in the context of the nonlinear nature of globalization processes and the unbalanced format of global consensus that needs to have an appropriate governance concept based on the “soft”, coordinated by the world elite systemic influence on the world economic processes through the legitimate global institutions.
Conclusion.The global governance should respond to the nature of global processes and should be based on the global consensus of the national elites.
Keywords:international political economy, ontology of globalization, Global Economy, global governance.
FREE FULL TEXT (PDF)