The tendencies in defining an optimum globalization model

Catalin Popa

MPRA Paper from University Library of Munich, Germany

Abstract: Over viewing the most recently evolutions throughout global economy, we can easily conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The unanimous impression underlines the fact that integration in contemporary global market development exceeded too much and to profound the conceptual frame formulated as work hypothesis for the beginning of ’80’s the realities evolving radically uncontrolled. In this case, the free capital global running is no longer a factor for market equilibrium as “market fundamentalists” predicted, financial integration as global process creating and forcing gradually the market bubbles in lack of an efficient frame of global supervision. In this context, the international effort should be oriented toward remodeling the fundamental global structures implicated in globalization process.

Keywords: monetary system; financial system; globalization; global economy; international finance (search for similar items in EconPapers)
JEL-codes: E60 E66 F02 F42 F53 (search for similar items in EconPapers)
Date: 2008-11-03
New Economics Papers: this item is included in nep-mac
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Published in Knowledge Based Organization 2008 International Conference, November 2008, Sibiu, Romania ISSN 1843-6722.3(2008): pp. 271-277

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