Considerations on the Future of Globalization

Cãtãlin Mihail Barbu () and Flaviu Meghiºan ()
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Cãtãlin Mihail Barbu: University of Craiova
Flaviu Meghiºan: University of Piteºti

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 14-19

Abstract: Globalization is generic concept for a variety of social processes, including internationalization of businesses, the raise of multinational companies, the convergence of business practices. The global interdependences are more tighten, fast-making and more complex ones. The global configuration comprises various local arrangements, either through standardization or adaptation. Globalization is not only an economic issue, is a complex one, multifunctional. It spreads across the entire socio-humane activities: the market and business dimension, the political and social dimension, the religious and spiritual dimension, the domestic and international law, the nation-state and the global society. But the future of globalization is generating a series of problems that we are addressing in this paper. Globalization effects’ should be reevaluated.

Keywords: globalization; economic development; international trade. (search for similar items in EconPapers)
JEL-codes: F43 F50 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:14-19

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