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The opening–dependence on the European Union and globalization

Sorica Sava
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Sorica Sava: Sorica Sava

Romanian Economic Business Review, 2006, vol. 1, issue 3, 63-66

Abstract: Globalization is the result, as well as the cause of the expansion of trade agreements and liberalization of capital flows. Regionalism is a side effect of globalization, of particular importance in EU. The article compares the opening and dependence of EU member states with that of similar regions in the world. It argues that the combination between free trade and regionalism is destined to evolve in time.

Keywords: globalization; European Union; liberalization; regionalism (search for similar items in EconPapers)
Date: 2006
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Handle: RePEc:rau:journl:v:1:y:2006:i:3:p:63-66