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Realities and Perspectives of Economic Globalization


  • Elena GURGU

    () (SpiruHaret University, Ion Ghica, no. 13, Bucharest, 030045, Romania and Romanian Academy - National Institute of Economic Research Costin C. Kiritescu)

  • Aristide COCIUBAN

    () (SpiruHaret University, Ion Ghica, no. 13, Bucharest, 030045, Romania and Romanian Academy - National Institute of Economic Research Costin C. Kiritescu)


The long disputed and analyzed, globalization has now become an objective phenomenon unprecedented in world history, as magnitude and evolution. Criticized by some, revered by others, it seems that follows its trajectory. For us relevant are some negative aspects of globalization, but more significant are those that maintain balance and well-being of mankind. Based on the research conducted we have concluded that both globalization and regionalization emerged and developed as a result of unprecedented increased competition in the level of trade of states or regions.

Suggested Citation

  • Elena GURGU & Aristide COCIUBAN, 2015. "Realities and Perspectives of Economic Globalization," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 2(1), pages 146-155, December.
  • Handle: RePEc:icb:wpaper:v:2:y:2015:i:1:146-155

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    globalization; regionalization; emerged and developed states or regions; competition; trade; internationalization.;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General


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