Globalization Limits and the Elements that Show Globalization as an Outdated Phenomenon

Keywords: globalization , world economy , information technology , economic integration

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Authors:
  • Tatiana Tutunaru, Ph.D Student, Affiliation: IOSUD-SDSE Valahia University of Targoviste, Romania
Pages:  52 : 57
Abstract:

The processes underlying globalization and technological progress in today's global economy are not only an opportunity but also a challenge. Globalization is a process by which markets, production, consumption and lifestyle and thinking become connected on a global scale, thanks to a continuous flow of exchanges that make them interdependent and tend to unify them. This phenomenon is the result of a process that has lasted a long time and over the last thirty years, has had a strong acceleration.

JEL classification:  M410, H610, H430

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