Financial implications of globalization and new technologies Ukraine international relations

¹ National Aerospace University “Kharkiv Aviation Institute”, Faculty of Software and Business, Finance, accounting and taxation Department, Chkalova 17, 61070 Kharkiv, Ukraine
² Volodymyr Dahl East Ukrainian National University, Educational and Scientific Institute of International Relations, International Economy and Tourism Department, 59A Tsentralny Prospect, 93406 Severodonetsk, Ukraine

^* Corresponding author: a.likhonosova@gmail.com

Abstract

Research background: The world will change radically after the COVID-2019 pandemic. The transformation of financial globalization is already taking place. It contributes to the emergence of new international relation’s forms, institutions, technologies of interaction. All these trends necessitate a revision of the basic Ukraine concepts on convergent integration into the international financial space.

Purpose of the article: To identify effects of financial globalization in Ukraine and characteristics of digital human interaction; to define an expansion of digital health principles for the elimination of the population’s cognitive skills atrophy and to offer new information convergence technology, financial autonomy and identity of the country in global financial market.

Methods: The methods of divergence and convergence, rationality and irrationality – to find effective tools for regulating international financial relations in Ukraine; methods of cognitive data analysis – to determine forms, directions of Ukrainian society digital hygiene; conceptualization of consequences and duality of results evaluation – for clarity of reflection of a modern development condition for а society emotional intelligence and levelling of Ukraine dependence on financial hedonism in the world.

Findings & Value added: This search for regulation methods is based on a hybrid combination of global professional achievements in the regulation of financial markets, author’s work, applied projects to stabilize the financial system and priority measures to balance the development of the national economy of Ukraine. This approach will increase the effectiveness of financial relations and solving socio-economic problems at the national and international levels, while ensuring the achievement of national priorities and interests.