MAIN STAGES OF REGIONAL ECONOMIC COOPERATION PROCESSES
Keywords:
globalization, cooperation, international economic organization, AzerbaijanAbstract
Globalization is the modern stage of development of the world economy. Global economic relations, arising from the internationalization of farm life, have become an important objective prerequisite for ensuring economic growth in the country. In the conditions of globalization, as a result of cross-border movement of goods and services and the activation of the international flow of capital, as well as the rapid and wide spread of technologies, the interdependence of countries is increasing. World economic relations are changing qualitatively. This is characterized by the transformation of the economic union from a simple set of interdependent countries into a whole economic system. In that economic system, national economies form the constituent parts of the world economic organism, and all their successes determine the development path of this organism as a whole