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Theoretical Issues of Economic Globalization

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  • Rousska Dimova

Abstract

The multidimensional system analysis of the economic globalization is brought forward. The principles and the methods of this analysis are used to explain the unity of the economic and institutional, i.e. integrational substance of globalization. The economic foundations of the social issues of globalization are under interpretation. Special attention is given to the fact that they are conditioned by the present military-political and technological tendencies and the new world structures. A conclusion is drown that the socioeconomic target for rapprochement of all countries, advanced by the theory of globalization, can be achieved through a general problem-oriented strategy. In this sense the problems of liberal political strategy of the contemporary democratic state are interpreted. In the context of the discussions regarding the transformation of the world economic organizations, their role in creating conditions for global development is outlined. The opinion is founded that these basic institutional subjects can and must be transformed in a political and social context of economic development in a multicentered world. This is the reason why the theory of globalization is a promising foundation for the contemporary and for the future social practice.

Suggested Citation

  • Rousska Dimova, 2002. "Theoretical Issues of Economic Globalization," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 44-66.
    • Handle: RePEc:bas:econth:y:2002:i:5:p:44-66
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    1. Erich Gundlach, 1997. "Openness and economic growth in developing countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 133(3), pages 479-496, September.
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    More about this item

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration

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