Economic globalization: Lack of balance in the world economy and the growing uncertainty <i>(On the monograph “Prospects of economic globalization” edited by A. S. Bulatov)</i>

Abstract

The reviewed monograph makes a strong impression with its relevance, complexity and scale of the subject and also determination of 27 authors to conduct a versatile research of the present stage of economic globalization and its possible prospects. The authorship of the term is attributed to many, mainly eminent economists of the second half of the 20th century studying general processes in the world economy. Its wide recognition happened in the 1990s, the term has become a widely used tool, but its interpretation and application vary greatly. The authors of the monograph consider economic globalization in dynamics, from different positions, seeking to reveal features of this process at the level of certain countries and groups of countries during their interaction in the world economy.