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Considerations on the Future of Globalization

Author

Listed:
  • Cãtãlin Mihail Barbu

    () (University of Craiova)

  • Flaviu Meghiºan

    () (University of Piteºti)

Abstract

Globalization is generic concept for a variety of social processes, including internationalization of businesses, the raise of multinational companies, the convergence of business practices. The global interdependences are more tighten, fast-making and more complex ones. The global configuration comprises various local arrangements, either through standardization or adaptation. Globalization is not only an economic issue, is a complex one, multifunctional. It spreads across the entire socio-humane activities: the market and business dimension, the political and social dimension, the religious and spiritual dimension, the domestic and international law, the nation-state and the global society. But the future of globalization is generating a series of problems that we are addressing in this paper. Globalization effects’ should be reevaluated.

Suggested Citation

  • Cãtãlin Mihail Barbu & Flaviu Meghiºan, 2012. "Considerations on the Future of Globalization," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 14-19, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:14-19
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    More about this item

    Keywords

    globalization; economic development; international trade.;

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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