LOCAL MARKETS IN GLOBAL ECONOMY: DIALECTICS OF GLOBAL AND LOCAL IN REGIONAL REPRODUCTION
A comparative analysis of the local and the global as fundamental principles of a present-day regional economy development is discussed. The relevance of the study is determined by ambiguous, antipodal methods used in the evaluation of globalization results. It is assumed that there are points of contact between the local and the global, and the development of global economy is impossible without local markets. A thesis on objective sources of globalization which are the consequences of the law of conformity of productive forces development level to the content and nature of the development of economic relations is substantiated.