CATEGORICAL BASIS OF GLOBAL MARKETS: FORMATION AND FUNCTIONING

Keywords: digitization, transformation, digital economy, globalization, digital model, intellectual capital, inclusiveness

Abstract

The paper examines the categorical basis of global markets and examines the formation and functioning of global markets. In the conditions of economic reform, markets need to change the conditions and principles of functioning, due to the fact that old markets are oversaturated and new ones need to be sought. This leads to the transition of international markets to global ones. Due to the rapid development of economic aspects in the modern world, globalization plays an important role. It reconstructs a large number of economic spheres for itself. Thanks to global processes, the transformation and transition of the international system into the global one, in this case, the transformation of the international market into the global market, takes place. The globalization of markets has been impressive in recent years. The work examines the stages of the evolution of globalization; the theoretical background of the global market is disclosed; a system of formation and functioning of the global market has been formed.

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Published
2023-04-03
How to Cite
Shevchenko, I. (2023). CATEGORICAL BASIS OF GLOBAL MARKETS: FORMATION AND FUNCTIONING . Taurida Scientific Herald. Series: Economics, (15), 49-56. https://doi.org/10.32782/2708-0366/2023.15.6
Section
WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS