Metatheoretical Issues of the Evolution of the International Political Economy
Abstract
:1. Introduction
2. Materials and Methods
3. Results
- Scientific expediency of the location of the object;
- Market or economic feasibility (low land prices, availability of cheap labor, access to transport infrastructure and raw materials, etc.);
- Population mobility;
- Political power;
- Targeted discrimination.
- Creating favorable preconditions for the influence of social factors on global economic development;
- Strengthening the key functional components of international socio-economic security on the basis of networks of global social capital, socio-economic levers of international regulation of people’s labor rights and social guarantees.
- Identification of key factors influencing the functional transformation of actors in international relations;
- Analysis of socio-economic consequences of these factors’ influence and substantiation of the directions of functional transformation of actors in international relations within the framework of the world political and economic space on the basis of social partnership (Table 2).
- The nature personification;
- The society construction;
- Personal wealth formation.
- The process of forming and adopting new social rules by society;
- Creating organizational structures that are responsible for the articulation and procedure for compliance with these rules and constitute the social infrastructure of institutionalized behavior;
- Shaping the subjects’ attitude to social rules and organizational structures, which reflects the consent of people to this institutional order (Golovakha and Panina 2001).
- Analyzing system–structural transformations of the world economic system;
- Determining the criteria of social legitimacy of international power structures based on the norms and values of social and environmental justice;
- Developing conditions for fulfilling of the individual’s creative potential in the field of world social capital.
4. Discussion
- Evolutionary variability of the world economic system through the renewal of structural elements of the world economic system, based on the unity of creation and destruction of ties among actors in international relations (Filipenko 2012; Keohane and Nye 1977; Porter 1998; Rosenau 2006; Stiglitz 2002; Wallerstein and Clesse 2003);
- Increasing the importance of non-economic (socio-political, socio-cultural) factors in the evolution of the world economic system (Arrighi 2007; Fukuyama 2002; Huntington 1993; Levitt 1983; Tarasevych 2012; Robertson 1992);
- Shaping a global institutional environment through the coordination of conflicting interests of actors in international relations (Amin 1996; Castells 2010; Ruggie 1982; Savchuk 2011; Toffler 1980).
5. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Acknowledgments
Conflicts of Interest
References
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Ontology of the International Political Economy Evolution | The Goal-Setting Concept | Means to Achieve the Goal |
---|---|---|
Analyzing axiomatic principles in structuring the world political and economic space, taking into account the complexity of the interrelationship between global productive forces and international relations | Researching theoretical and methodological principles of conceptualization of international socio-economic relations under the conditions of hierarchical construction of world political and economic space | Substantiating conditions and principles of forming the international strategy of economic development taking into account multidimensionality of causal interactions among subjects of the world economic system |
Formulating the concept of functions’ multidimensional rationality and power influence by actors of international relations within the world political and economic space | Developing the criteria for socio-economic consequences of the world economic system globalization and directions of functional transformation of actors in international relations | Identifying normative and targeted regulations for coordinating economic, political, social, and environmental interests of the world economic system |
General civilizational transformations of the scientific worldview methodology of the legitimacy of a multilateral global economic order | Researching the cognitive dimension of international codes of conduct by the subjects of the world economic system and social standards of rationalizing the struggle for power on the global arena | Identifying transformational changes in the institutional structure of the world political and economic space, developing criteria for social legitimacy of international power structures |
The impact of power relations on the state and development of the world power institutions’ legitimacy and the growing interconnectedness and interdependence of national systems in the world economy | Analyzing the reproduction of political and economic inequalities of actors in international relations, defining opportunities for using resources of world human development on the basis of the values of humanism | Substantiating the relationship between national economic interests, national needs, and institutional principles of the world economic system development |
Analyzing ontological bases of legitimate communication among actors in international relations under conditions of development of integration processes in the world economic system | Studying the features of identifying adaptive norms of introducing power within the frameworks of the world political and economic space | Determining the parameters of a balanced cycle of structural elements of the world economy as a multipolar system in the wave of “information society” |
The latest trends in reproducing social capital within the world political and economic space | Considering the specifics of communication and information properties of the world social capital | Developing conditions for fulfilling the individual’s creative potential in the field of the world social capital |
Factors Influencing the Functional Transformation of Actors in International Relations | Socio-Economic Consequences of the Influence of Factors on the Functional Transformation of Actors in International Relations | Directions of Functional Transformation of Actors in International Relations |
---|---|---|
Strengthening the interdependence of actors in international relations and their interconnectedness in terms of concentration of banking and financial capital | Changes in the dominant form of the organizational structure of enterprises and inter-firm cooperation, the use of debt financing of public expenditures | Distribution of government debt, current transactions account deficits, and government budget deficits within the global political and economic space |
Uneven distribution of benefits of the international division of labor, change in property-government relations, transformation of the international order | Disproportionate development of the world economy, uneven technological development, income polarization, increasing crisis phenomena | The predominant development of the “tertiary” sector of the economy—the provision of services, the creation of an integrated system of international, national and regional security |
Increasing the openness of national economies, internationalization of capital flows, intensification of global transactions, communications and risks | Development of interstate cooperation in economic, political and social spheres, creation of mechanisms for coordination of fiscal policy in interstate cooperation on the basis of integration partnership | Improving the system of institutional support for economic development on a global scale, the partnership of institutions of government, business, and households, the ability of states to control the state of the environment |
Large-scale migration processes, global social stratification, changes in the value-normative structure of society | The growth of the number of one-person households, the accumulation of social contradictions | Changes in the direction of capital movements within the world political and economic space, to maintain an optimal balance between national and international interests |
Transforming knowledge as a producer of relevant information into a decisive factor in global economic growth and a source of global community wealth | The global confrontation between hierarchical and network structures, strengthening of regional and local subjectness, socio-economic convergence of countries and regions within the political and economic space | Expansion of information and communication processes in the world political and economic space, cross-border and transnational cooperation, international production cooperation |
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Kwilinski, A.; Dalevska, N.; Dementyev, V.V. Metatheoretical Issues of the Evolution of the International Political Economy. J. Risk Financial Manag. 2022, 15, 124. https://doi.org/10.3390/jrfm15030124
Kwilinski A, Dalevska N, Dementyev VV. Metatheoretical Issues of the Evolution of the International Political Economy. Journal of Risk and Financial Management. 2022; 15(3):124. https://doi.org/10.3390/jrfm15030124
Chicago/Turabian StyleKwilinski, Aleksy, Nataliya Dalevska, and Vyacheslav V. Dementyev. 2022. "Metatheoretical Issues of the Evolution of the International Political Economy" Journal of Risk and Financial Management 15, no. 3: 124. https://doi.org/10.3390/jrfm15030124
APA StyleKwilinski, A., Dalevska, N., & Dementyev, V. V. (2022). Metatheoretical Issues of the Evolution of the International Political Economy. Journal of Risk and Financial Management, 15(3), 124. https://doi.org/10.3390/jrfm15030124