ANALYTICAL REVIEW OF CURRENT TRENDS IN DEVELOPMENT, INNOVATION AND INVESTMENT ACTIVITY AND COMPETITIVENESS OF NATIONAL ECONOMIES

The article is devoted to the analysis of current trends in the development of national economies, in particular their innovation and investment activity and competitiveness in the context of globalization and integration. The study focuses on the key indicators that affect the economic developmentand competitiveness of national economies, such as GDP growth, international trade, foreign direct investment, and the level of innovation and digitalization.The article examines regional differences in the dynamics of economic growth and changes in the export-import activity of countries. Changes in global trade flows, in particular between developed and developing countries, are analyzed. The author emphasizes the leading role of the United States, China and other major economies. Considerable attentionis paid to the development of the digital economy, which in the context of the COVID-19 pandemic has become the main driver of economic activity, especially in the service sector.An analytical review of innovation processes and their impact on economic growth and competitiveness is provided. The areas characterized by the largest number of innovative developments, the distribution of venture capital, and the pace of introduction of new technologies in different regions of the world are analyzed. The impact of key technological trends, such as the development of 5G, robotics, electric vehicles, and green technologies on national economies is highlighted.Changes in the World Competitiveness Ranking are analyzed, according to which the leading countries in 2023 are Singapore, Switzerland, and the United States. Developing countries are also active, demonstrating rapid progress through innovation and digital transformation. Attention is paid to the impact of global challenges, such as artificial intelligence, geopolitical conflicts, and economic recession, on the formation of modern economic strategies.The importance of adaptation of national economies to new conditions, implementation of innovative solutions and active participation in global economic processes to increase competitiveness is emphasized. The results of the study are useful for the formation of strategies for sustainable development and economic growth in the context of modern challenges.