NEW INTERNATIONAL DIVISION OF LABOR AND RUSSIA's POSITION IN IT

Abstract

The COVID-19 pandemic and the subsequent politicization of the solution of economic problems have created a new economic reality. This article is devoted to the consideration of the possibilities and problems of the formation of a new international division of labor. The scientific and practical works of Russian and foreign scientists in the field of the international division of labor and global trade were used as the methodological basis of the study. The division in the analysis into the short term and the long term is necessary to study the sequence of steps in the formation of a new international division of labor. The author identifies the following manifestations of the new international division of labor: the crisis of "supply chains", the deformation of the global and national labor markets, the politicization of the solution of economic issues at the international level, the significant lag of economic theory from real business processes, the impact of climate change on the formation of a new international division of labor and the transition from a "free trade" policy to a "fair trade" policy. The "supply chain" crisis has shown that the order of supply in international trade, based on the "just in time" system, could not withstand the external shock, causing shortages and inflation. The deformation of labor markets is manifested in COVID-motivated automation, in the "migration trap", in the increased polarization of employment. The countries of the “golden billion”, having been defeated in competition in the global market, are striving for a political solution to economic problems. The EU is trying to play the game of European super monopoly and super monopsony. The possibility of a political solution to the problems of global economic competition is based on the fact that changes in the real economy that have taken place in recent decades have not adequately changed the international financial sphere. Regardless of the current geopolitical situation, in the long term, the expansion of the use of new technologies and artificial intelligence creates the basis for the international division of labor of the next level. To maintain and potentially improve its place in the international division of labor of the Russian Federation, a consistent transition from the “inertial” to the “innovative” path of development is necessary.