International competition as one of the main advantages of globalization

The relevance of the study is determined by the fact that in the modern world, more and more questions are raised about the shortcomings of the globalization process. The article examines the main aspects of globalization from the point of view of international economic relations and determines that the advantage of globalization is the aggravation of international competition. As a result of this study, it was revealed that modern theoretical developments suggest various approaches to assessing and managing international competitiveness, but most of them are global in nature, which complicates their practical use for strategic planning of the development of regions and / or least developed countries.