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Competition and globalisation in economic sciences. Selected aspects

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  • Gorynia Marian

    (Poznań University of Economics and Business, Department of International Competitiveness, Al. Niepodległości 10; 61-875 Poznań, Poland)

Abstract

The aim of the paper is to identify and assess the role of economic sciences in relation to competitiveness and globalisation, two basic concepts of the market economy. This role is to explain and interpret their essence but also to determine their potential practical usefulness, primarily in the context of economic policy development. The considerations mentioned in the article are, as a rule, of a general and universal nature and do not relate especially to any particular countries or groups of countries. The basic method employed in the study is a critical analysis of the subject literature. The paper consists of an introduction, three sections, and conclusions. Section 1 contains a basic discussion of the subject of economic sciences and describes their four features: cognitive productivity, practical usefulness, dismal nature and beauty. Section 2 presents the contribution of economic sciences to understanding and interpreting the phenomenon of competitiveness. Section 3 focuses on defining and elucidating the idea of globalisation and an examination of its most important aspects. The paper ends with eight conclusions formulated on the basis of this discussion.

Suggested Citation

  • Gorynia Marian, 2019. "Competition and globalisation in economic sciences. Selected aspects," Economics and Business Review, Sciendo, vol. 5(3), pages 118-133, September.
    • Handle: RePEc:vrs:ecobur:v:5:y:2019:i:3:p:118-133:n:8
    DOI: 10.18559/ebr.2019.3.7
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    References listed on IDEAS

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    1. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    2. Beatrice Cherrier, 2017. "Classifying Economics: A History of the JEL Codes," Journal of Economic Literature, American Economic Association, vol. 55(2), pages 545-579, June.
    3. Rodrik, Dani, 2017. "Economics Rules: Why Economics Works, When It Fails, and How To Tell The Difference," OUP Catalogue, Oxford University Press, number 9780198736905.
    4. Justin Lin & Ha-Joon Chang, 2009. "Should Industrial Policy in Developing Countries Conform to Comparative Advantage or Defy it? A Debate Between Justin Lin and Ha-Joon Chang," Development Policy Review, Overseas Development Institute, vol. 27(5), pages 483-502, September.
    5. Roth, Alvin E., 2012. "The Theory and Practice of Market Design," Nobel Prize in Economics documents 2012-5, Nobel Prize Committee.
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    More about this item

    Keywords

    economic sciences; competitiveness; globalisation; internationalisation;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • F01 - International Economics - - General - - - Global Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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