Management of current trends in the development of the global economy

Abstract

The article defines the directions of development of modern trends in the global economy, gives a brief description of each of them, and proves the importance of managing modern trends in the global economy. The advantages and problems of managing modern trends in the development of the global economy, as well as prospects, are defined. Such trends in the development of the global economy as digitalization, globalization, environmental sustainability, demographic changes, changes in political power, political instability, geopolitical tensions, institutionalization, increasing inequality, inclusiveness, urbanization, changing labor force dynamics, aging infrastructure, change consumer preferences, rapid development of technologies, innovation and entrepreneurship, financialization, transnationalization, regionalization, informatization and intellectualization, knowledge economy, green economy, social economy. The following advantages of managing the trends of global economic development are singled out, such as better planning; increased competitiveness; strengthening of economic growth; expansion of cooperation. Among the problems of managing trends in global economic development, the following are identified: complexity; lack of coordination; unintended consequences; resistance to change. The study of global trends in the development of modern economic systems is of crucial importance for individuals, enterprises and politicians who seek to develop and navigate the challenges and opportunities of the global economy. By understanding these trends and researching them, we can better prepare for the future and work to create a more sustainable and fair economic system for all. The prospects for managing global trends in the development of the global economy are promising, as technological progress and global interconnectedness create opportunities for more efficient and effective management of these trends. Overall, effectively managing global trends in the world economy will require constant innovation, collaboration and adaptation to ensure sustainable and equitable economic growth.