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ECONOMIC GLOBALISM (1) answer(s).
 
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Global forecasts and development realities of the world-system / Belorus, Oleg   Journal Article
Belorus, Oleg Journal Article
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Publication 2014.
Summary/Abstract is shaping the destiny of every country in the world. Today, long-term forecasts of global development for the next 25 and 50 years rely on strictly imperative norms; the "breakthrough into the future" scenarios should proceed from the actual unity of the world and take into account the transition-transformation nature of its development. Global transformation has no end; the social and economic convergence of countries with different levels and characteristics of development is a new phenomenon that calls for in-depth political and economic study. The expert community has already concluded that recurring crises of overproduction will alternate with non-cyclical crises of overconsumption of resources, while the accompanying new technologies of social production and economic relations will become even more dynamic.
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