The impact of globalization on the development of crossborder agricultural markets

Oana-Georgiana Stanila () and Francesca-Magdalena Rainof
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Oana-Georgiana Stanila: The Bucharest University of Economic Studies, Romania
Francesca-Magdalena Rainof: The Bucharest University of Economic Studies, Romania

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2014, vol. 3, 188-197

Abstract: We are currently living in a world in which there is constant talk on globalization, we can even consider it a current trend. But what exactly is globalization? What are its characteristics, its benefits, its problems, what impact does it have on this world? In the current paper we want to analyze a small part of this phenomenon, namely the impact of globalization on the development of cross-border agricultural markets. The globalization of agriculture has been caused by the technological development and the changes in technology, with the introduction of new working machines making this activity easier to conduct, thus enabling the increase of production. The cross-border and intercontinental production also represents an element that makes the activity profitable. The outcome of this process was the standardization of production in the agricultural domain. However, at the same time, there is a large negative impact of the globalization phenomenon in the agricultural sector, namely the significant increase of the unemployment rate, due to the newly introduced machines, as well as due to the excessive use of fertilizers, which have damaged the richness of the soil. When the government restrictions were eliminated through the liberalization of the economy, developed countries have gradually begun registering a higher profit, destroying the agricultural lands without taking account the environment impact in the countries where they are active, thus negatively influencing the life of millions.

Keywords: globalization; cross-border; regional; development; agricultural; market (search for similar items in EconPapers)
Date: 2014
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