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The Process Of Globalization In The World Economy


  • Octavian - Dan Radescu


The globalization of the world economy is characterized by a huge amplification of the interconnections collaborations and interdependencies between the national states generated from the tendency of the economical objectives and interests to exceed the national borders. Using this obvious truth as a starting base, economical researchers tried to define the globalization in various ways. In this study we will analyze some different opinions from economic literature, regarding the globalization phenomenon and the mechanisms appeared in this process. We will also analyze the evolution of globalization process during the XX-th century period. At the end of this study we will analyze commercial policies and practices of the EU as one of the main three integration blocs.

Suggested Citation

  • Octavian - Dan Radescu, 2008. "The Process Of Globalization In The World Economy," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(1(3)_Spri).
  • Handle: RePEc:ush:jaessh:v:3:y:2008:i:1(3)_spring2008:12

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    Cited by:

    1. Petr SUCHÃ NEK, 2010. "Business Intelligence as a Support of E-commerce Systems in Connection with Decision Making and Cross-Border Online Shopping," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 5(1(11)_Spr), pages 94-102.


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