Globalization and developing countries

Paceskoski, Vlatko and Sajnoski, Krste (2012) Globalization and developing countries. First International Conference for Business. pp. 357-370. ISSN ISSN 1857-8373

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Abstract

The theoretical approaches towards the term globalization formally are very different,but still essentially similar. The differences are reduced to hues, because “de facto” all of them are defining one and a same tendency which final goal is new, global world order. In the broadest sense of the word the globalization is interpreted as a process of unifying of national systems and in all their segments (societal, economical, social, cultural,etc.). As for the economic interpretation of the globalization, one approach on the term as a process of integration that is universalization of the national economies in a unique, mutual,world economy whose differential specifics are a new form of organization, a new type of functioning and a new style of managing with the economic flows.Others understand the globalization as a process of transformation of the national economies in a global system of production, consumption and exchange (the distributionstays disintegrated?!). Also, it can be found the opinions that define globalization as a process of forming an integral, mutual market, and through the liberalization of the markets of goods/services,technology, labor, capital and information. Thus, standing out all the advantages of the process of globalization-better allocation and exploitation of the recourses thereby the production growths, and thus the living standard, better approach to the technological achievements (to the know-how) and their dispersion, better assortment and quality of the consumption; better and cheaper information…But right here one question emerges: which countries in the world economy absorb the advantages of the globalization?

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Vlatko Paceskoski
Date Deposited: 30 Nov 2012 14:35
Last Modified: 30 Nov 2012 14:35
URI: http://eprints.ugd.edu.mk/id/eprint/2571

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