POSIBLE SOLUTIONS CONCERNING THE UNBALANCED INTEGRATION

Anca Dinicu
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Anca Dinicu: “Nicolae Bãlcescu” Land Forces Academy, Sibiu, Romania

Revista Economica, 2009, vol. 47, issue 4-5, 108-113

Abstract: Contemporary world is one of profound interdependencies: national economies can not function autarchically, market penetration through the identification and taking over of niche areas is conditioned by international specialization, domestic development is influenced by the economic and political extern environment, firm profitability is achievable through production denationalization and activity relocation. Each national economy is part of the global economic context, being forced to engage in and permanently develop exchanges with other economies. This necessity is determined by the objectives of economic development whereas the tools and outcomes of the entire process of integration into the global economic aggregate gives each state a special place in the global competition and hierarchy. International economic interdependencies become at the same time cause and effect in relation with the evolution of globalization, by stimulating essential transformations within economic activities, within the market, within economies and within the relations between them.

Keywords: dependence; interdependence; inequalities; economic crisis (search for similar items in EconPapers)
Date: 2009
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