THE REPUBLIC OF MACEDONIA IN THE GLOBALIZATION PROCESS – WHERE DO WE STAND?
THE REPUBLIC OF MACEDONIA IN THE GLOBALIZATION PROCESS – WHERE DO WE STAND?

Summary/Abstract: In the first years of the new millennium, the domination of societies and economies which dwell on knowledge and which participate in the global markets is becoming more prevalent, due to the aspi-ration of the organizations concerning mobility of their business activities, know-how and capital, as well as for the purpose of liberalization and facilitation of the foreigntrade relations among the states. The globalization enables the corporate subjects to appear on world markets by means of utilizing both local and widely available resources. The information systems and the telecommuni-cations give new physiognomy to the world market, enabling the organizations to identify the par-ticular requirements of the customers from diverse geographic regions worldwide and to act rapidly concerning diversification of their products and services. Therefore, the traditional advantage of the products which are geographically nearer to the customers was significantly diminished. Telecom-munications further enable creation of world economic markets where the purchasers and the sup-pliers make direct contact. Consequently, this brings about the obsolescence of classical intermedi-aries, but undoubtedly creates the need for new ones.

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