Global Political Economy in Context of Evolutionof Political-Economic Thought

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Nikolay Eletsky
Nikolay Eletsky
α Don State Technical University

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Abstract

Globalization of economic processes requires an adequate transformation of the economic Sciences. In the modern world the globalization of factors and results of production leads to the formation of global relations of ownership and governance. It modifies the subject field of General economic theory, and generates the global political economy. The essence of its subject is the relationship of the global ownership and the resulting global economic contradictions. The methodological toolkit of global political economy reflects the particularities of contemporary scientific knowledge due to the new phenomena of globalization. Global political economy is the methodological-theoretical basis of all Sciences, studying global economic system. At the same time it is a special branch of the modern system of economic Sciences, characterizing by the spatio-temporal specificity of subject and method.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Nikolay Eletsky. 2017. \u201cGlobal Political Economy in Context of Evolutionof Political-Economic Thought\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 17 (GJHSS Volume 17 Issue E1): .

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Issue Cover
GJHSS Volume 17 Issue E1
Pg. 17- 26
Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords
Classification
GJHSS-E Classification: FOR Code: 349901
Version of record

v1.2

Issue date

April 6, 2017

Language
en
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Globalization of economic processes requires an adequate transformation of the economic Sciences. In the modern world the globalization of factors and results of production leads to the formation of global relations of ownership and governance. It modifies the subject field of General economic theory, and generates the global political economy. The essence of its subject is the relationship of the global ownership and the resulting global economic contradictions. The methodological toolkit of global political economy reflects the particularities of contemporary scientific knowledge due to the new phenomena of globalization. Global political economy is the methodological-theoretical basis of all Sciences, studying global economic system. At the same time it is a special branch of the modern system of economic Sciences, characterizing by the spatio-temporal specificity of subject and method.

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Global Political Economy in Context of Evolutionof Political-Economic Thought

Nikolay Eletsky
Nikolay Eletsky Don State Technical University

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