INTERNATIONAL ECONOMIC ORDER: ORIGIN, CHALLENGES AND FEATURES OF THE POST-NEOLIBERAL MODEL

Abstract

The article is devoted to the study of theoretical and methodological issues of the development of the international economic order (IEO) in the period after the dominance of the neoliberal model, for the renewal of which a proper argumentation is presented in the composition of development trends and unsettled dimensions of the modern international discourse. It has been established that there is a relative intensification of publications on the development of IEO, the volumes of which have not yet reached their previous peak values, but there is already an increase in the complexity of theoretical views and practical measures for its improvement. The need for updating the IEO de facto and de jure is revealed. It is proved that the key actors, who will outline the updated IEO, should be both national governments and international organizations, as well as representatives of the corporate sector, which in the aggregate will rely on the processes of self-organization and formation of a spontaneous order, as well as to act purposefully for the formation of such a IEO that would help solve global problems and crises, as well as achieve the of Sustainable Development Goals. It has been demonstrated that the global competitive strategies of countries and civilizations used the conditions of the neoliberal paradigm with varying effectiveness, which caused both structural changes in the world economy and transformed the priorities of further development. It was determined that although the global expansion of corporations, which have benefited significantly from the liberal conditions of the development of the world market, contradicts the development of the world economy, exacerbating global problems and crises, but MNCs demonstrate their readiness to join the formation of a new normality, the development of markets to achieve the SDG. A comparative description of the neoliberal and post-neoliberal models of the IEO has been compiled, which will allow key players to better navigate the implementation of development strategies, taking into account the activation of the processes of transformation of the IEO.