Scientific Journal of KubSAU

The article evaluates the competitiveness of Russia in the world economy. This aspect of the study was considered in the dynamics and historical perspective of world economic relations development, the world's leading economies being an example. The origins and nature of competition, the concept of substitute goods were considered as an important problem of market economic system. The place of Russian Federation in the modern external economic environment and real prospects of achieving a high position among the leading producing countries were studied based on retrospective data. A comparative analysis was carried out according to certain criteria between the highly developed States. Theoretical review of data to assess the competitiveness of Russia in the world economy showed that the crisis of recent years could not have a positive impact on both economic development level of the Russian Federation and its opponents. It is known that each approach to consideration of a specific situation has its advantages and disadvantages but this article provides the most comprehensive and detailed material on the subject matter. Evaluation of competitive ability of Russia in the global economy has shown the need to increase the production capacity of the domestic manufacturer, and consequently, the production power of the country is increasing. This will contribute to the strengthening of the international authority of Russia

The article is devoted to the study of the globalization impact on the development of states in the economic and other spheres. The subject of the research is the situation of the countries in the world economic and social hierarchy, due to the influence of globalization and its processes. The authors consider the main trends and the directions of the globalization of the world economy. In the article, the authors present the points of view of well-known figures of economics and politics. The processes of globalization have directly affected the Russian Federation. Based on their examination the main reasons, the advantages and the disadvantages of a global phenomenon are given, as well as predictions about the future development and the impact of globalization on the stability states vital activity. Some economic and statistical indicators directly related to the globalization of the world economy were given. A comparison was also made of these indicators, the Russian Federation and other mainly Western countries taken as an example. The obtained differences are explained by the uneven development of states and underdevelopment of one of them compared to the other, which leads these countries to different sides of the world economic road. The main perspectives caused by the globalization processes are reflected