№ 2 (20) 2023
The main press body of the Azerbaijan Academy of Labor and Social Relations is the scientific-practical magazine “Labor and Social Relations”. The magazine is published twice a year in the volume of 8-10 printed sheets, with a circulation of 200. Today, at a time when scientific journals are in the majority, the articles presented in the “Labor and social relations” scientific-practical journal show a high scientific level, training and strengthening of intellectual potential, improving the quality of education, contributing to the study of social labor relations problems, information technologies to apply the successes achieved in the field in recent years in international scientific cooperation, etc. such important tasks.
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About article
GLOBALIZATION PROCESS AND ECONOMIC SECURITY
Алия Гаджигаибова
Азербайджанский Государственный Экономический Университет,диссертант aliyaalxasova@gmail.com
ABSTRACT
The article emphasizes that the world economy has become more integrated and unstable, and in connection with this, an increase in global interdependence leads to an increase in the vulnerability of economies, while a higher economic specialization caused by trade leads to instability. The approach of economists to the definition of “economic security”, which should cover the causal consequences of globalization. The approaches of scientists in support of globalization from the point of view of economic security are considered. They came to the conclusion that despite the process of globalization and the erosion of state institutions, thanks to the emergence of new international players, state institutions remain key providers of economic security.
Purpose-study of the approaches of academic economists to the definition of economic security, which will cover the consequences of globalization.
Methodology-the work used methods of logical and system analysis.
Research Findings-significant changes in the international arena, increased globalization, increased economic interdependence, technological development and the revolution in information technology have led to an expansion of the concept of economic security.
Keywords: country, globalization, economic security, state institutions