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Trends In Transforming Economic Processes In A Pandemic

Table 1: Key reasons for the global economic crisis

Reason Form of manifestation
"Virtualization" of capital Encourages significant changes in traditional market mechanisms, such as pricing, competition and government regulation
Overproduction of world currency - US dollar Over 70% of international payments are made in this currency, which creates unprecedented benefits for the US economy. The volume of dollar output over 50 years exceeded the real volume of commodity in the world. At the same time, the dollar is an unsecured currency.
Speculative operations Extensive speculative operations with derivative securities conducted due to the rapid development of financial instruments
Crisis of political power Partial or complete disorganization of the institutional political order, when the norms and rules governing political interactions cease to fulfill their primary function
State of the global financial system Inconsistency of the policies pursued by the leading financial organizations of the world, the role that they should play in the global economy
TNC activities They have foreign assets (investments) and have a strong influence on various sectors of the economy on an international scale in their interests
Development of new technologies The world is undergoing the largest structural technological restructuring supported by a long preceding period of rapid development and exchange mechanisms
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