IMPACT OF GLOBALIZATION ON THE SUSTAINABLE DEVELOPMENT OF ECONOMIC SYSTEMS IN THE CONTEXT OF ECONOMIC DISEQUILIBRIUM

This article considers the issues of the impact of globalization on the sustainable development of non-equilibrium economic systems characterized by unstable dynamics and substantial divergence of key macroeconomic indicators. It is emphasized that economic disequilibrium can be maintained indefinitely, sometimes for many decades. This indicates that non-equilibrium systems have a special internal self-organization forming a certain kind of economic order therein. The role of globalization in this order is analyzed. It is shown that the long-term disequilibrium with decreased sustainable development was observed in Russia throughout the Soviet and transition periods. It was manifested in growing structural imbalances and chaos, reduced management effectiveness, and regular economic crises afterwards. However, the similar negative phenomena of the transformation period were considerably less evident in Eastern Europe. The reasons for non-equilibrium trends were analyzed in the context of globalization effects. It is established that in Russia, where internationalization of the economy actually started only after the collapse of the Soviet Union, these reasons were low product competitiveness, mainly raw-exports role in the foreign trade, lack of investment, capital outflow. As for Eastern Europe, positive effects of globalization, such as facilitating economic cooperation between countries and increasing international division of labor, were more evident with regard to them. It is shown that this is significantly associated with the common European historical and cultural values, common territorial, economic and information space, which allowed mitigating the impact of negative aspects of globalization on the sustainable development in the context of economic disequilibrium. The purpose of the study is to identify the conditions and mechanisms of globalization impact on sustainability of development of economic systems. Methods of the study: historical and economic analysis method; abstract logic method; comparative analysis; elements of the method of nonlinear dynamics theory.