RECONFIGURING THE SPECTRUM OF INTERNATIONAL ECONOMIC RELATIONS UNDER THE IMPACT OF GLOBALIZATION
RECONFIGURING THE SPECTRUM OF INTERNATIONAL ECONOMIC RELATIONS UNDER THE IMPACT OF GLOBALIZATION
Author(s): Paul-Bogdan ZamfirSubject(s): Economy
Published by: Editura Eurostampa
Keywords: globalization; cooperation; integration
Summary/Abstract: The process of globalization ensures the integration individual national economies with the global economy. International economic relations have gained paramount importance in the era of globalization. International economic relations undertaken in the light of globalization have led to rapid development and decline in poverty in many developing countries. For economic relations between nations to be successful, a number of conditions need to be fulfilled. Unrestricted movement of goods and services, flow of capital, mobility of workforce, and reduction of regulatory obstacles need to be ensured for successful international economic relations. Globalization has played an important role in international economic relations among nations across the world
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVI/2010
- Issue No: 16
- Page Range: 250-257
- Page Count: 1
- Language: English