World economy and international economic relations

Regional integries in the crisis of globalism

Economic Annals-XXI

Economic Annals-ХХI: Volume 164, Issue 3-4, Pages: 24-27

Citation information:
Shepelev, M. (2017). Regional integries in the crisis of globalism. Economic Annals-XXI, 164(3-4), 24-27. doi: https://doi.org/10.21003/ea.V164-05

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Maximilian Shepelev
D.Sc. (Political Science),
Professor,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russia
ma_shepelev@mail.ru
ORCID ID: http://orcid.org/0000-0002-9891-0912

Regional integries in the crisis of globalism

Abstract. The article deals with geopolitical and geoeconomic features of the crisis of the economic element of globalism, formed at the modern stage of globalisation. This system of globalism was paradoxically focused on anti-systemic approaches to solve the conflicts and contradictions, because indeed it is dominated by the procedures of exclusion not integration. The procedure of exclusion and restrictive standards destroyed the liberal democratic foundations of the global governance. Deep conflict inside the globalism system, as an origin of strategic instability, produces de-globalisation. The crisis of globalism can create the situation similar not only to the beginning of the 20th century, but to the end of the 15th century, when modern Euro-centric world system was born. Also the article analyses competition between transoceanic («America – Atlantic – Europe, Asia – Pacific ocean – America») and transcontinental («Pacific ocean – America – Atlantic ocean», «Atlantic ocean – Eurasia – Pacific ocean») integrational projects, and the possibility of forming a new regional integries in this context.

Keywords: Globalisation; Crisis; Globalism System; Large space; Regional Integries; Transcontinental Integration Projects; Transoceanic Integration Projects

JEL Сlassіfіcatіon: F29

DOI: https://doi.org/10.21003/ea.V164-05

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Received 27.03.2017

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