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CONCERNING THE CONNECTION OF GEOLOGICAL EVENTS AND GLOBAL ECONOMIC PROCESSES: HISTORY AND THE PRESENT
Abstract
The paper is submitted for considering the relationship of geological changes and global economic processes. The authors have confirmed that hazardous geological events are a significant factor in influencing world economic processes. The argument is based on the results of consideration of historical and contemporary facts of world socio-economic development. The historical context of the problem is considered on the basis of a generalization of the historical facts of catastrophic events of geological origin, which changed the social movement path. It has been related that disasters caused by geological changes have repeatedly been an obstruction for global economic development. The modern specifics of an influence of dangerous geological events on world economic processes has been established. Thus, it has been determined that the degree of globalization of the world economy has increased so much that the centers of dominance of developed economies naturally determine the influence of major disasters in these regions on the world economic system as a whole. The novelty of this effect has been noted. Thus, prior to our assessment of the impact of the Tahku earthquake on March 11, 2011 on the world economy and regional markets, there were no studies in considered indicators confirming the impact of a major catastrophe in local territories of highly developed states on indicators of the world economy and large regions of the world. That is, before then, global influence from catastrophes of geological nature was determined by large eruptions that changed the planet's climate, which led to significant social changes. At present besides the events of this class, there is one more class of events - powerful catastrophes on local territories of highly developed states.
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