THEORETICAL AND CONCEPTUAL STUDY ON THE EVOLUTION OF THE GLOBALIZATION PHENOMENON

Anca Ioana Troto (iacob)
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Anca Ioana Troto (iacob): UNIVERSITY OF CRAIOVA

Annals - Economy Series, 2022, vol. 1, 229-234

Abstract: Globalisation is the concept used to describe the economic, financial and social interdependence of states, generated by cross-border trade in goods, services, information, investment, technology and people. Demographic, political, technological evolution, economic interests and many other factors influence globalization, the general definition of which is modulating according to the realities of each generation. In this context, the academic environment updates the specialized literature, nuanced the terminology and theoretical aspects according to the evolution of the phenomenon, which is constantly changing. In the current context in which humanity is, in the midst of a global health crisis and with the prospect of an economic crisis, globalization brings benefits and disadvantages alike and returns to the attention of academia. Thus, the dilemma "Globalization or deglobalization?" becomes more topical than ever. This paper is an introspection in the conceptual aspects of globalization, in order to highlight the advantages brought to the economic and financial evolution, the factors of influence, as well as the risks that an interconnected society has.

Keywords: globalization; economic cycle; globalization history; gouvernamental influence to globalization (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2022:v:1:p:229-234

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