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Processes of globalization in the world economy

Bibliographic Data

ID6108901
AuthorsPavel Breinek (Svaz Vinařů České Republiky, corresponding author)
Year2005
Volume53
Issue6
Pages826-841
Publication date2005-12-01
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.540
OpenAlexW2318712593
LanguageEN
Citations received1
References cited16

The objective of this article is to provide a survey of basic facts about process of globalization. We can define globalization as the international economic integration through particular markets. Globalization is largely continual and objective process that began approximately in the middle of nineteenth century. Main factors determining globalization are technology and liberalization and also "desire of people to participate in globalization". On the other hand globalization reinforces these factors. Within globalization we can also see two following processes. The essence of the first one is centralization and concentration of production and capital and in the centre of second one stands a process of transnationalization. The results of these tendences are creation and action of transnational corporations. Today these firms are major entities forming present globalization. It is also necessary to give certain attention to the role of state in current world

Capital (architecture) · Economic system · Economics · Geography · Globalization · Liberalization · Market economy · Process (computing) · Global Financial Crisis and Policies · Global trade and economics · Globalization, Economics, and Policies

  • Economic History

    Open Access•Tomáš Otáhal•Politická ekonomie•2012

  • Does Globalization Make the World More Unequal

    Peter H Lindert, Peter Lindert et al.•National Bureau of Economic…•2001

  • Global Shift

    Steven Musson•Journal of Economic Geography•2004

  • Mergers and acquisition in the globalization of the world economy

    Open Access•Peter Baläzs, Peter Baláž•Politická ekonomie•2004

Citations per year0.07
Citation span2012 - 2012 (1)
Highly citedNo

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