The Challenges of Economic Globalisation: Business, Competition and Society

Philippe de Woot
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Philippe de Woot: IAG, University Catholique de Louvain

Symphonya. Emerging Issues in Management, 2002, issue 2 Corporate Culture and Market Complexity

Abstract: The opening of markets, deregulation, and privatisation create a constantly expanding economic and financial environment. These developments contribute to an economy's globalisation, leaving the field open to enterprising and innovative players: companies and financial intermediaries. What is new about the globalisation phenomenon is that it partly escapes from nation-state control and legislation. The pace of technical-economic change speeds up under the influence of global competition. The world has entered into a race where speed is imposed by business dynamism and competitive games. This rhythm is often faster than that of political, civil and institutional society.

Keywords: Economic Globalisation; Market Economy Dynamics; Market and Creativity; The Citizen Enterprise; Global Markets DOI: http://dx.doi.org/10.4468/2002.2.03dewoot (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (12)

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