International Economic Relations

The concept of the system of international economic relations - is a The multidimensionality of the world economic system The concept of the international economic relations system 14 system (integral) ratio, which expresses the unity - the integrity of the system: the overall objective of the whole system and its subsystems at all levels, the mechanism of functioning of the whole system and its subsystems, as well as the norms of behavior of its subjects - the motivation of activity, decision making, the criterion of efficiency, etc

From the standpoint of contemporary realities, those shifts that have occurred in the development of the world community, serve as the backbone to ensure the unity, integrity of international economic relations, the two properties (attribute): • variety of market-based economic relations , called "socially oriented market system "; • internationalization of economic relations , which grows in the integration and globalization, that is, the formation of a single supranational economic (trade, production and investment, monetary and fiscal ) space. These properties determine the specificity of the content and structure of international economic relations

Sources:

⠀ An Introduction to International Economic Relations .- Edited by Yuriy Kozak, Temur Shengelia – Tbilisi : Publishing House „ Universal“ , 2014. - 224 p