EFFECTS OF THE PROCESS OF GLOBALIZATION UPON THE COMPANY

Cristina Rodica Gradea
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Cristina Rodica Gradea: “Gheorghe Cristea” Romanian University of Sciences and Arts

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 287-290

Abstract: Globalization is not a new phenomenon, "the companies" being always connected to each other, to varying degrees. The process of economic globalization is an objective and necessary to know the many stages and forms, from simple to more complex ones, including the organization of supra-national integration tools. The phenomenon of globalization is marked by an integration of the economies of various countries, which changes the entire quality of the various scaffold structures of national economies. Hundreds of initially closed economies, become, in time, part of an economy which is manifested through global connections, with many advantages and disadvantages.

Keywords: globalization; market liberalization; financial indicators. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:287-290

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