TRANSFORMATION OF GLOBALIZATION PROCESSES IN THE CONTEXT OF THE CONSEQUENCES OF FULL-SCALE RUSSIAN INVASION OF UKRAINE

The full-scale Russian invasion of Ukraine has had a serious systemic impact on the geostrategic, especially security, geopolitical, economic, and financial, situation key countries regions world in terms global order economic development. aim article is to identify and, based interdisciplinary approach, analyze main trends transformation globalization processes context consequences Russia\\\'s war against Ukraine. critical escalation geostrategic struggle for financial leadership led predominance governments’ geopolitical considerations over purely market comparative advantage. Under these conditions, becomes very vulnerable political decisions at state intergovernmental levels. actors economy politics, United States, EU, China, have been increasingly considering their participation from standpoint “strategic autonomy”, but so far within existing international system current trade regulations. Instead, Russia, under strict sanctions democratic community, set course break with leading European institutions values regulations as well post-bipolar normative order. challenges energy food security coupled supply chain disruptions significantly deteriorated short- & medium-term prospects growth capitalization transnational high-tech companies. One should expect rapid, massive, lasting shadowing many spheres monetary-financial relations, due attempts introduce various cryptocurrency mechanisms “gray areas” less developed world. At same time, today there are no sufficient grounds real bifurcation space. An important indicator such conclusion policy multilateral development banks financially administratively controlled by Beijing, i.e., Asian Infrastructure Investment Bank BRICS New Development Bank.