THEORETICAL ASPECTS OF ECONOMIC GLOBALIZATION IMPACTS ON EMERGING ECONOMIES

Abstract

The main object of this article is economic globalization. The problem of the research could be defined as: how economic globalization influences emerging economies of the world. The principal purpose of the article is systemization and description of knowledge and information (found in a large number of sources) about the globalization concept, economic globalization concept, today’s emerging economies of the world and to present a coherent overview on such aspects as the evolution of developing economies to emerging economies, main drivers of economic globalization in emerging economies, challenges emerging economies face in a new globalized economic system.

Conducting theoretical studies of impacts of economic globalization on emerging economies the method of comparative analysis and systematization of scientific literature were employed.