Globalization and the World Economy
The paper deals with the phenomenon of globalization. The author finds globalization highly questionable concept because there is deep disunity about its definition among the authors. In the first part of the paper different concepts of globalization are summed up. According to author´s view there are two main approaches towards globalization - the first considers it as (more or less lasting) integration and the second as a completely new contemporary process. The author regards globalization as a long lasting integration. But he finds that the present integration has a few specifics that are analyzed in the following part of the paper. In the consequent subchapters the author deals with two more topics - the pros and cons of globalization and the durability of the process. The main conclusion of the paper is that globalization is a process that has been allowed by the governments by withdrawing from certain areas and thus releasing creative forces in the world markets. The process can be again (anytime) interrupted by the governments but it would bring serious consequences for the functioning of the 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2009 (2009)
Issue (Month): 5 ()
|Contact details of provider:|| Postal: nam. W. Churchilla 4, 130 67 Praha 3|
Phone: (02) 24 09 51 11
Fax: (02) 24 22 06 57
Web page: http://www.vse.cz/
More information through EDIRC
|Order Information:|| Postal: Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3|
Web: http://www.vse.cz/polek/ Email:
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- C. Fred Bergsten, 2001. "Fifty Years of Trade Policy: The Policy Lessons," The World Economy, Wiley Blackwell, vol. 24(1), pages 1-13, 01.
- Tobin, James, 2000. "Financial Globalization," World Development, Elsevier, vol. 28(6), pages 1101-1104, June.
- Michael D. Bordo & Barry Eichengreen & Douglas A. Irwin, 1999. "Is Globalization Today Really Different than Globalization a Hunderd Years Ago?," NBER Working Papers 7195, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2009:y:2009:i:5:id:701:p:622-643. 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: (Frantisek Sokolovsky)
If references are entirely missing, you can add them using this form.