MAIN ASPECTS OF THE TRANSFORMATION OF WORLD TRADE REGIMES AT THE PRESENT STAGE

DOI: 10.31673/2415-8089.2024.010009

Abstract

The article is devoted to the analysis of key aspects of the transformation of world trade regimes at the current stage, such as digital commerce, regional trade agreements, protectionism, trade exchange of services, global supply chains and protection of innovative technologies for international economic stability. It is proved that the study of modern trends and transformations of the world economy is an actual theoretical and applied task, which involves the systematic consolidation of methods and mechanisms of interdisciplinary research. Important factor in modern conditions of globalization of trade relations is the use of information technologies, they become the determining factors of victory in the competitive struggle, it allows you to break traditional supply chains and move to the future.
Implementation of digital technologies contributes to significant improvement of business results and significantly accelerates strategic changes in the development of world trade. It is summarized that until recently globalization processes were characterized as stable, mostly positive. But at the current stage, it became clear that the processes of transformation are linear in nature and largely depend on the geopolitical situation in the world, the cyclical nature of global economic development, the geographical location and structure of the economy of the countries of the world.
The transformation of the management trade balance changes the form and content of world trade regimes .Accordingly, predicting the future, we understand that we cannot give even approximate calculations or make a more or less accurate analysis. The economic interdependence of different countries should be a guarantee of financial success, but in recent decades it has increasingly transformed and turned into something unusual in world trade. The main focus is on the discussion of forecasts for the current year 2024 of international organizations such as the World Trade Organization (WTO) and the World Trade Organization (WTO), which play a key role in regulating trade relations at this stage.

Keywords: trade agreements, transformations, protectionism, digital trade, global economic regimes, forecasting of economic stability.

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