INSTITUTIONAL TRANSFORMATIONS UNDER GLOBALIZATION CONDITIONS

Abstract

The processes of globalization, which have an important role in the activities of national economies are examined . Globalization implies transition to a global economy based on liberalization principles. Globalization takes economies of different countries to a new qualitative level often removing their traditions and culturе, as well as the historical and national characteristics. In this case, it becomes necessary to do institutional of both transformations taking into account the whole spectrum institutional interests and their implementation types.