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Considerations On Commercial Globalization (I - The Dynamics Of The Commercial Flows: Evolutions And Structural Modifications)

Author

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  • Badulescu Daniel

    (University of Oradea, Faculty of Economic Sciences)

Abstract

Following the WW II, the global economic evolution is more and more marked by the relevant dynamic of the commercial trades that had become the core of the economic development both for the developed countries and for the emerging economies. The average annual growth rhythm of the international goods trade was practically double in comparison with that of the production (real GDP), both for the developed and for the developing countries. Thus, between 1960 and 2005, the rate of the commercial trades in the global GDP increased from 24% to 46%, practically doubling in the 45 years.

Suggested Citation

  • Badulescu Daniel, 2008. "Considerations On Commercial Globalization (I - The Dynamics Of The Commercial Flows: Evolutions And Structural Modifications)," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 27-30, May.
    • Handle: RePEc:ora:journl:v:1:y:2008:i:1:p:27-30
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    More about this item

    Keywords

    globalization; commerce; evolution;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • F02 - International Economics - - General - - - International Economic Order and Integration

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