1, high-tech has become the focus of economic competition in various countries.

2. Finance has become the core of modern economy.

First, the scale of global financial market transactions has been expanding, and the international financial asset market has further developed.

Second, international financial risks have increased.

The financial market is large in scale and fast, and the risks that follow it are getting bigger and bigger, and the scope of the spread is getting wider and wider. For example, the Southeast Asian financial turmoil that broke out in 1997 swept through Thailand, the Philippines, Indonesia and Malaysia, and spread to Singapore, China, Hongkong and Taiwan Province Province, causing violent turmoil in the global stock market, triggering the Korean economic crisis and shaking the Japanese financial market.

1998 in the second half of the year, there was also a rare phenomenon that the Russian ruble plummeted and the US dollar plunged 20% against the Japanese yen in a few days. The financial crisis has also seriously affected the growth of global trade from 65438 to 0998.

Third, developed countries have strengthened their financial penetration into developing countries.

The emergence of the world financial center city makes the global supervision activities concentrated in a few world cities such as new york, London, Frankfurt and Tokyo. Financial institutions in these cities have gathered global financial talents and used the most advanced and efficient information tools. 24? Working around the clock holds the lifeblood of world prosperity, forcing other countries to pay attention to their development and operation.

Some experts commented that the financial market has gradually become a leading international force, which is stronger than any military and political force. They have brought great wealth to rich countries, especially the rich among them.

3. The collectivization and globalization of economic regions have become an irresistible historical trend in today's world.

4. The imbalance of world economic development has intensified.

Extended data

Since its birth, the world economy has experienced three development periods:

The first period, from the middle of18th century to the First World War, was the formation period of a unified and all-inclusive capitalist world economic system. During this period, on the one hand, capitalism used its colonial and semi-colonial economic ties to become increasingly close; On the other hand, uncivilized countries are subordinate to civilized countries, and the East is subordinate to the West. It is obvious that there is a very unequal international economic and trade relationship between the suzerain and the colony.

In the second period, from the Russian October Revolution in the early 20th century to the 1980s, due to the emergence of the new socialist economy, the unified capitalist world system was broken, and the world economy split into two, forming two opposing economic systems. In less than 100 years, the world economy experienced two different stages of development: the October Revolution and the end of World War II in 1945 were the first stage.

At this stage, the socialist economy and capitalist economy of the Soviet Union coexist and struggle with each other. The second stage is from the end of World War II to the end of 1980s.

During this period, socialism developed from one country to many countries, forming a socialist world economic system, and a large number of emerging countries began to rise. They infiltrated and struggled against the capitalist world economic system, and the world economic relations were complicated.

In the third period, after the end of the "Cold War" in the early 1990s, the world economy entered a new period of development. With the end of the "Cold War" and the deepening of the world scientific and technological revolution, economic system reform and economic restructuring have become the trend of world economic development. The economies of various countries are developing towards globalization and collectivization according to their own laws, and the knowledge economy based on the production, distribution and use of knowledge and information has begun to take shape.