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Impact Of Globalization Processes From The Surroundingson The Sugar Industry In The Republic Of Croatia

Author

Listed:
  • Luka Burilovic

    (Croatian Chamber of Economy, Republic of Croatia)

  • Tolusic Zrinka

    (College of Business Administration “Baltazar Adam Krčelic”, Republic of Croatia)

  • Drazen Holmik

    (Croatian Chamber of Economy, Republic of Croatia)

Abstract

Globalization processes during the history have constantly changed the economical picture of the world. In line with the globalization changes occurred also the transfer of centres of power which moved from the Middle and Far East towards Europe and further to the North up to the North America. Following this process the Far East has slowly but surely become the centre of power in the recent decades. With the fall of the Steel Iron, with geopolitical changes in the world and with the opening of markets, fluctuation and transfer of capital became easier. Not even the sugar market was immune to the transfer of capital and power. Sugar, as specific commodity, has in the last couple of decades become a commodity people often talk and think about, whether in the context of trade liberalization, or problems with underpaid workers who work in harsh conditions, or raw material for fuel production. Along with all above mentioned sugar is very interesting because it is a stock-exchange material and as such it is a subject of speculations. Globalisations processes have significantly influenced the Croatian sugar industry, creating new threats but also possibilities of development and increasing of competitiveness.

Suggested Citation

  • Luka Burilovic & Tolusic Zrinka & Drazen Holmik, 2014. "Impact Of Globalization Processes From The Surroundingson The Sugar Industry In The Republic Of Croatia," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 10, pages 449-462.
  • Handle: RePEc:osi:journl:v:10:y:2014:p:449-462
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    More about this item

    Keywords

    globalisation; sugar industry; the European Union; Stabilisation and Association Agreement; reform of the sugar market; competitiveness;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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