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Conceptual framework for the establishment and development of a new world economic order

Molchanova Ellana et al · Kyiv National Economic University named after Vadym Hetman · 2018

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The article reveals the essence of the interdisciplinary concept of world order, shows the heterogeneity of views of representatives of different directions and scientific schools, in particular, in terms of ensuring the stability of the international system and social justice, the concentration of power and compliance with the standards of democracy. It has been proved that there is a growing inconsistency of the nature of the world space due to the impact of dynamic changes in the system of international relations in historical retrospect which causes its constant transformation. We have emphasized three main conceptual approaches to the formation of the world order political, sociological and organizational. We have identified specific features of the historical types of world orders and proved that the fundamental basis of the evolutionary development of the world space is the change of the global governance system with a tendency to disorder, chaos. It has been established that the development of the world economic system proceeds wave-like under the influence of endogenous and exogenous factors causing the formation of a new paradigm of the world space as a complex organizational system. On the basis of the interdisciplinary approach, we have proposed to expand the entropy principle to predict structural changes in the organization of the world space as an unstable system. We have undertaken a retrospective analysis of the economic development level of countries of the world on the basis of GDP growth, GDP per capita and GDP at purchasing power parity of countries which determines their ability to influence on the process of changing the paradigm of the world order. It has been established that there is an alignment of imbalance of levels of economic development of countries of the world and increase in number of poles in the course of formation of a new world order.

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APA 7

al, M. E. E. (2018). Conceptual framework for the establishment and development of a new world economic order. https://iepjournal.com/journals_eng/28/2018_7_Molchanova_Kovtonyuk.pdf

MLA

al, Molchanova Ellana et. "Conceptual framework for the establishment and development of a new world economic order." 2018. https://iepjournal.com/journals_eng/28/2018_7_Molchanova_Kovtonyuk.pdf.

Chicago

al, Molchanova Ellana et. 2018. "Conceptual framework for the establishment and development of a new world economic order.". https://iepjournal.com/journals_eng/28/2018_7_Molchanova_Kovtonyuk.pdf.

Harvard

al, M. E. E. 2018, Conceptual framework for the establishment and development of a new world economic order, Kyiv National Economic University named after Vadym Hetman, available at: https://iepjournal.com/journals_eng/28/2018_7_Molchanova_Kovtonyuk.pdf [Accessed 9 Aug. 2026].

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Title
Conceptual framework for the establishment and development of a new world economic order
Author / contributors
Molchanova Ellana et al
Publisher
Kyiv National Economic University named after Vadym Hetman
Publication year
2018
ISSN
1811-9832
ISSN
1811-9832
Language
English

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