Global Trends in the Social Economy Development

Abstract

The article analyses traditional and newest global trends in the social economy development, including in particular, transnationalization, regionalization, institutionalization, digitalization, intellectualization, innovation, technologization, inclusiveness, greening of the economy.It has been established that global trends in informatization, intellectualization, innovation and digitalization are quite interrelated and interdependent.The social economy serves to meet social needs, as well as help realize the individual potential of each person.The research of global trends in the social economy makes it possible to analyse in a holistic way the trajectory of the social economy models' development, as well as to use in practice the potential of global trends to enhance the social component of the economic development of countries in the global dimension.The intensification of integration processes, regional and interregional transformations lead to changes in the national economy structure and shifts in socialization processes at the macro-and meso-level followed by different practical results and impact on the social economy development of the countries all over the world.A scientific and technological progress, Industries 4.0 and 5.0 development, the creation of smart enterprises and cities, digital transformations affect the socialization of the economy in a global environment.The article critically evaluates the positive and negative impacts of the latest global trends on the socialization of the economies of the countries all over the world.The latest trends in pandemic development will affect the provision of national and global competitiveness, the development of small business, the functioning of the capital market, the quality of life, employment of the population and its forms, the medical sphere and the education system, as well as socialization processes.There are considered the signs of postpandemic development of the world community, that enhances both global opportunities and dangers.There are proposed the directions of strengthening the positive effect of global development trends on the social economy.

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