ВПЛИВ ПАНДЕМІЇ COVID-19 НА ГЛОБАЛІЗАЦІЙНІ ПРОЦЕСИ У СВІТОВІЙ ЕКОНОМІЦІ

Abstract

In recent decades, the world economy has been actively moving towards an integrated global economic system, characterized by the reduction of barriers to international trade and investment, "reduction" of distances through the development of modern means of transportation and communication, smoothing cultural differences. This process, called globalization, has become an integral feature of the world economy in recent decades. However, in 2020, the globalization process was affected by quarantine restrictions caused by the Covid-19 pandemic. The study of the features and consequences of such influence is especially relevant given that globalization processes form the environment for the functioning of the subjects of international economic relations. The article analyzes the features and consequences of the COVID-19 pandemic on globalization processes in the world economy. The essence of globalization and its key features, opportunities and threats of the globalization process for international business entities are revealed, the driving forces of globalization are revealed. The impact of the coronavirus pandemic on the dynamics of international trade and world gross domestic product is analyzed. The forecast values of these indicators for 2021-2022, presented by the World Trade Organization, are revealed. The key aspects of the policy of governments in a pandemic are highlighted. The impact of quarantine restrictions on transport and migration worldwide has been demonstrated. The state and prospects of world investments after the pandemic are assessed. Of particular note is the fact that the vast majority of international companies, despite the severe consequences of the pandemic for their activities, have not begun to break their international ties with contractors and focus on domestic production. The production chains of multinational corporations, built over the years to ensure high efficiency, did not break down due to the temporary difficulties associated with the pandemic. This is an important indicator that allows us to say that there are no significant prerequisites for expecting active deglobalization processes in the world. In view of the research, the conclusions on the slowdown of the global economy under the influence of the pandemic and the absence of signs of active deglobalization are formulated and substantiated.