The impact of globalization on the evolution of relations and property rights

Background of the study: Various aspects of the interaction between globalization and property have been considered by many authors. However, their elaboration is clearly insufficient today, taking into account the growing economic disequilibrium of the world economic system which is expressed in frequent crises and attempts to reform property. Another premise is connected with the contradictory impact of globalization on the nature of the evolution of property which is manifested in the increasing turbulence of economic processes and sometimes accompanied by the rejection of the emerging model of globalization. An important role is also played by the presence of conditions under which globalization leads to the deformation of property and owner’s rights. The purpose of the article: is to study and disclose the mechanisms of the impact of globalization on the transformation of relations and property rights. Methods: abstract-logical; economic analysis; historical. Conclusions: 1. The influence of globalization on the evolution of property is carried out through the unification of the rules of market behavior or by changing the institutional structure. 2. The contradictory impact of globalization on property is a source of education, along with traditional, its new forms that temporarily remove contradictions. 3. Globalization leads to the formation of a new system of property rights with a radical redistribution of economic power in society which raises the question of the need for appropriate, possibly supranational control