CHARACTERISTIC FEATURES OF INTERNATIONAL RELATIONS AND THEIR OUTPUT ON THE WORLD ARENA

Вагіф Агабала огли Назіров

Abstract


One of the distinctive features of the world economy in the second half of the 20th century is the intensive development of international relations. There is an expansion and deepening of economic relations between countries, groups of countries, economic groupings, individual firms and organizations. The mechanism for implementing international relations is being improved and rebuilt. The purpose of the article is conducting an analysis of the characteristic features of international relations and the prospects of their entering the world arena. The methodological basis of the research in the article is the scientific work of the authors in the field of economics of culture, innovation management, management in the field of culture, as well as social partnership. The research was carried out on the basis of general scientific methods of research - a systematic approach, analysis and synthesis, methods of typological and comparative analysis, empirical methods. The object of the study is the sphere of culture, which needs conditions in which organizational and financial reforms are carried out, as well as the development and application of innovative management methods. The hypothesis of the study. Thanks to foreign trade, an international division of labor is formed, which deepens and improves along with the development of foreign trade and other international economic operations. Foreign exchange reserves are official foreign exchange reserves in the central bank, in the financial authorities of the country or in international monetary and credit organizations. Presentation of the main material. These processes are manifested in the deepening of the international division of labor, the internationalization of financial and economic ties, the globalization of the world economy, the increasing openness of national economies, their mutual complementarity and rapprochement, the development and strengthening of regional international structures. It is characteristic that all these processes of interaction, rapprochement, and cooperation are contradictory and dialectical in nature. The originality and practical significance of the study. The dialectic of international relations consists in the fact that the desire for economic independence and strengthening of the national economies of individual countries ultimately leads to an ever greater internationalization of the world economy, the openness of national economies, and the deepening of the international division of labor. Conclusions. Thus, international relations include a multi-level complex of economic relations between individual countries, their regional associations, and individual enterprises in the world economic system.

Keywords


international relations, gold and foreign exchange reserves, financial and credit organizations, globalization process, international monetary systems

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DOI: https://doi.org/10.32620/cher.2024.4.04

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