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Globalization and the identity dilemma

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  • Alina-Petronela NEGREA

    (Bucharest Academy of Economic Studies)

Abstract

The paper begins with a review of theoretical aspects including a conceptual delimitation of the term “economic globalization” from the perspective of different theorists, its main features, dimensions and vectors that boost and promote the process expansion. The phenolmenon is extensive, complex and difficult to control, fact that includes in this “wave” of globalization advantages and disadvantages also. The globalization of the economic activity is studied through globalization indicators such as: FDI, financial dimension, the role of transnational economic actors in the global economy, the relationship between international trade growth and increased domestic production, internationalization of the financial markets. The structure of the global economic system and the problems that the current global economy is facing are also analysed. The “thorny” subject of the influence that globalization has on national identity from an economic perspective is seen through the eyes of Romania, analyzing the economic implications of globalization for our country, how much the identity of Romanian companies was affected over the last years, which are now the Romanian multinationals and what challenges and opportunities globalization has brought to the country that was written with envy during the interwar period that is has “oil and wheat”.

Suggested Citation

  • Alina-Petronela NEGREA, 2012. "Globalization and the identity dilemma," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(9(574)), pages 93-116, September.
  • Handle: RePEc:agr:journl:v:9(574):y:2012:i:9(574):p:93-116
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    Cited by:

    1. Paul Bogdan Zamfir, 2015. "The Influence Of Globalization On Economic Growth In Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 181-185, December.

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