Economic Globalisation and the Development of the European Union

Economic globalization is a rational phenomenon, capable of delivering a larger volume of goods and services with fewer resources. In a broad sense, the process of economic globalization is seen as the dynamic process of increasing interdependencies between national states as a result of the expansi...

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Main Author: MIHAELA MUSAT
Format: Article
Language:English
Published: Nicolae Titulescu University 2019-12-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_2/geo_2019_vol7_no2_art_005.pdf
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author MIHAELA MUSAT
author_facet MIHAELA MUSAT
author_sort MIHAELA MUSAT
collection DOAJ
description Economic globalization is a rational phenomenon, capable of delivering a larger volume of goods and services with fewer resources. In a broad sense, the process of economic globalization is seen as the dynamic process of increasing interdependencies between national states as a result of the expansion and deepening of the links between national economies on the global capital, goods and services market. In the economic literature, it transpired that with the fall of the Berlin Wall in 1989, we entered the second era of globalization, the first one dating back to the middle of the nineteenth century and being interrupted by World War I, the pause period reaching the end once the Cold War was over. 1989 marks a new beginning of globalization, where economic and economic relations become devoid of borders and distances
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series Global Economic Observer
spelling doaj-art-e9491a4e99bf4c5fa64ba1c84a09aa4e2025-08-20T03:41:47ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502019-12-01724447Economic Globalisation and the Development of the European UnionMIHAELA MUSAT0PhD, The Bucharest University of Economic Studies, musat.mihaela11@gmail.comEconomic globalization is a rational phenomenon, capable of delivering a larger volume of goods and services with fewer resources. In a broad sense, the process of economic globalization is seen as the dynamic process of increasing interdependencies between national states as a result of the expansion and deepening of the links between national economies on the global capital, goods and services market. In the economic literature, it transpired that with the fall of the Berlin Wall in 1989, we entered the second era of globalization, the first one dating back to the middle of the nineteenth century and being interrupted by World War I, the pause period reaching the end once the Cold War was over. 1989 marks a new beginning of globalization, where economic and economic relations become devoid of borders and distanceshttp://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_2/geo_2019_vol7_no2_art_005.pdfeconomic globalisationeuropean uniondevelopment
spellingShingle MIHAELA MUSAT
Economic Globalisation and the Development of the European Union
Global Economic Observer
economic globalisation
european union
development
title Economic Globalisation and the Development of the European Union
title_full Economic Globalisation and the Development of the European Union
title_fullStr Economic Globalisation and the Development of the European Union
title_full_unstemmed Economic Globalisation and the Development of the European Union
title_short Economic Globalisation and the Development of the European Union
title_sort economic globalisation and the development of the european union
topic economic globalisation
european union
development
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_7_no_2/geo_2019_vol7_no2_art_005.pdf
work_keys_str_mv AT mihaelamusat economicglobalisationandthedevelopmentoftheeuropeanunion