Abstract 

Thus, the impact of the COVID-19 pandemic and the Russia-Ukraine crisis on the global economy are real and can be said to be external shocks for most countries in the world, which affect their socio-economic indicators, socio-political situation and change the global geopolitical perspective. The development of the world economy at the current stage is connected with the manifestation of certain trends and the emergence of a number of contradictions between various subjects, which have a significant impact on the formation of the world order in the future and depends on the implementation of a reasonable and successful monetary and fiscal policy, the course of the Russia-Ukraine war, the global economy, developed market economy on the perspective of economic growth of emerging and developing countries.

The unprecedented impact of the COVID-19 pandemic, compounded by the Russia-Ukraine war, is likely to continue to shape global discourse and cooperation, directing it toward certain economic and political goals, particularly in sustainability, environmental justice, supply chain management, energy, food security, and the clean energy transition. To speed up the process, mitigate climate change and provide debt relief for the growing number of countries experiencing debt problems. With that, at the national level, it is necessary to carry out reasonable policies and implement effective reforms in order to create a basis for strong, sustainable and inclusive development in order to contain inflation, ensure macroeconomic and financial stability and take into account the reliability of other important reform projects, the wise implementation of which will have serious consequences for the achievement of sustainable development goals by 2030.

Key words: World economy, Global pandemic, Russia-Ukraine war, Global trends, Development prospects.