Effect of World Economy Globalization and Supply Chain Upon Socio-Economic Processes at the National Level

Abstract

Abstract-This study investigate the relationship between economy at national and international level, supply chain management system and socio economic process. In this article, we consider the effect of world economy globalization upon socio-economic processes at the national level. We define a set of qualitative attributes of globalization, such as essential growth of international economic relations, national markets’ price leveling, the arrival of investment resource in world markets, creation of a single world finance infrastructure, and the advent of a distinct economic constituent in the activities of international political and military organization. This research is aimed at forming a system of quantitative parameters, which can be assigned to the attributes above, as well as revealing globalization effects on socio-economic development either at national or regional levels, since many contemporary works consider globalization and regionalization as a dialectical process consisting of two indissolubly united parts. Besides, the tasks of the research include the forecast of some tendencies towards globalization effects on the development of national economy by monitoring the formed system of parameters.