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Determining Factors of Economy Globalisation

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Author Info

  • Mirela Mazilu

    (University Centre Dr. Tr. Severin)

Abstract

Approached from an economic and financial point of view, globalisation can be defined as strengthening and widening the connections between the national economies on the global market of goods, services and especially the capitals. Globalisation has become an implacable objective process, which often unfolds at a very high speed, comprising the quasi-total of the world's states in its sphere. Under a strictly economic aspect, of the efficiency of allocation and use of the resources, the economic globalisation occurs as a rational phenomenon, which supplies a larger volume of goods and services with less and less resources. The economic globalisation, thus, means the globalisation of the process of creating the gross internal production of the world's states.

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Bibliographic Info

Article provided by Constantin Brancusi University, Faculty of Economics in its journal Constatin Brancusi University of Targu Jiu Annals - Economy Series.

Volume (Year): 4.II (2010)
Issue (Month): (December)
Pages: 135-142

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Handle: RePEc:cbu:jrnlec:y:2010:v:4.ii:p:135-142

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Keywords: globalisation; economic capital; efficiency; services.;

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