IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Concise Characterization Of The Evolution And Bearings Of Worldwide Economy

Listed author(s):
  • Cosmin Dricu Ph. D Student
  • Demetra Lupu-Visanescu Ph.D

    (University of Craiova)

Registered author(s):

    The current worldwide economy met deep changes, especially in the last decades, changes which had major effects over business area and determined the adoption of some decisions, at the level of main actors of economic life, which allow them to get through with new challenges. To that effect, strategies have been rethought so that trading companies, as main motor of worldwide economy, adapt to new requirements imposed by the market. At the present day, worldwide economy is characterized by a high degree of internationalization. Today, more than ever, we can talk about the existence of some economic independences generated by the existence of a world market formed as a result of relations established between national economies and which function as a process of internationalization of production and recession factors of international division of labor by the agency of exchange relationships between economic entities in different countries. This tendency manifests itself more and more in the evolution of world economy, relating to which we can affirm that lack of balance produced within a national economy (a conclusive example is the case of the crisis produced by mortgaging in the USA) can generate a wave of dysfunctions developed in all sectors, at the level of the entire world economy. Thus, we assist at a real domino effect produced because of economic interdependences and which does not sum up only to one sector of activity or more than a national economy, but at the level of the entire world economy.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.

    Volume (Year): 1 (2010)
    Issue (Month): 38 (May)
    Pages: 56-71

    in new window

    Handle: RePEc:aio:aucsse:v:1:y:2010:i:15:p:56-71
    Contact details of provider: Postal:
    Str. A.I. Cuza nr. 13, Craiova

    Phone: 004 0251 411317
    Fax: 004 0251 411317
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:aio:aucsse:v:1:y:2010:i:15:p:56-71. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anca Bandoi)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.