CURRENT TRENDS IN ENSURING THE COMPETITIVENESS OF COUNTRIES IN THE GLOBAL ECONOMY

Abstract

Introduction. Modern development of the world economy and especially the processes of globalization of the world economy, increasing the interdependence of economies, the formation of global commodity and financial markets have led to increased interest in the problem of increasing the competitiveness of countries involved in these processes. Issues of competitiveness at the level of the economy in the degree of urgency are among the issues of national importance, as they are closely linked to the achievement of dynamic economic development of the country and improving the living standards of its population. Methods. The theoretical and methodological basis of the study is the fundamental provisions of economics, the work of domestic and foreign economists to study the competitiveness of countries in the global economy. Materials of publications in periodicals, monographs on the researched problem are used in the article. Results. The main theoretical approaches to determining the competitiveness of countries in the global economy are considered in the article. The main functions of the state in strengthening the position of competitiveness of countries in the context of strengthening globalization are highlighted. Ukraine's positioning in the ranking of countries by the level of globalization is made and proposals are made to increase its competitiveness in the global economy. Discussion. The analysis of the positions of competitiveness of countries in the global economy provides an opportunity to deepen the theoretical and methodological foundations and development of practical recommendations for improving the competitiveness of Ukraine, which forms the prospects for further scientific research. Key words: competitiveness of countries, global economy, globalization, national economies, national interests, internationalization, economic development.