GLOBALIZATION OF MODERN INTERNATIONAL ECONOMIC RELATIONS

Tsvetan Iliev

Abstract


The purpose of the present work is to present the main characteristics of globalization and its influence on international economic relations. The object of research is globalization in its socio-economic framework, as a process of creating economic relations between countries. The main aspects of globalization that create the above-mentioned connections are the subject of research. In this sense, the focus is on: the development of information and communication technologies, the formation and functioning of the world financial market, as well as the transnationalization of international economic relations.


Keywords


globalization, international economic relations, financial market, information and communication technologies.

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