Model of Global Strategic Management for Entering and Participating In World Trade

MANAGEMENT

This paper investigates the theoretical, methodological, and analytical aspects of the growing influence of globalization processes on national economies. It is possible to identify the essential features and varieties of globalization thanks to the synthesis of scientific techniques by preeminent experts. Ecological and cultural globalization are highlighted by the writers as having an ever-increasing impact on economic processes. In the framework of identifying and validating major issues, which are growing in complexity and scope, analytical investigations have been done. Thus, the possibilities and risks to the national economy's growth are categorized according to the nature of the issues. Potential possibilities and hazards posed by globalization are outlined in this article. The authors provide evidence of globalization's adaptability, multi-vector emphasis, and interdependence of forms by analyzing its main development tendencies. The authors propose the most important steps to take in order to meet the difficulties of the globalization of the "catching up" economy.

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