Introduction: Priorities for the Strategic Development of the Global Economic System Until 2030

Abstract

The year 2030 is a significant timeline for the development of the modern global economic system. The first decade of the 21 century showed that at that time the trends established in the 20 century were still strong, including intensive globalization and the active development of financial markets. It ended with the global financial and economic crisis that began in 2008, which demonstrated the inadmissibility of relying on outdated development mechanisms and served as a prerequisite for launching a new trend. It prevailed in the second decade of the 21 century and is associated with the active digitalization of society, economy, state and international relations. Although digitalization itself deserves a positive interpretation, the approach is taken to its implementation, which assumed the technocratization of society, and the economy is associated with a serious drawback – the distance between humanity and nature. As a result, this decade ended with the COVID-19 pandemic and global socio-economic crisis. Against the background of continuing crisis phenomena in the world economy, the question of what future awaits it in the third decade of the 21 century is urgent. This book is devoted to finding an answer to this question. For this, firstly, it defines the priorities for the strategic development of the global economic system until 2030. The most obvious priority is the crisis-free development of the world economy at least until 2030. The stable pattern of completion of each of the past decades of the 21 century with global crises needs to be refracted. The world economy demonstrates a too slow rate of growth and development to meet the needs of the growing population of the Earth and the progressing Consumption Society. The global recession in 2020 against the backdrop of the COVID-19 pandemic has significantly increased social tensions in all countries, and the world community is in dire need of a decade of stability and accelerated economic growth. The consequences of the industrial development of the global economy in the 20 century and neo-industrialization against the backdrop of the Fourth Industrial Revolution in the second decade of the 21 century increased environmental problems. It is unacceptable to postpone their solution because, in the third decade of the 21 century, the risk of a global environmental crisis is unusually strong. Therefore, strict and universal adherence to the Sustainable Development Goals is another priority. Finally, another obvious priority is the search for a new harmony in the international relations, which, according to most experts, crossed the line of “healthy” competition and resulted in an open confrontation between countries. The principles of free trade need to be rethought as well as the approach to international