Rising significance of globalization in international relations Cover Image

Rising significance of globalization in international relations
Rising significance of globalization in international relations

Author(s): Tadeusz Sporek
Subject(s): Economy, Supranational / Global Economy
Published by: Instytut Naukowo-Wydawniczy SPATIUM Sp. z o.o.
Keywords: globalization; world economy; trade turnover; foreign direct investment

Summary/Abstract: Globalization should be treated as a process of spreading, in the world scale, the connections which are typical for the local economic conditions. This phenomenon is associated with the creation of transnational culture and progressively deepening network of social interactions. The mass exchange of people, commodities, services and capitol on the global scale is carried out through modern means of communication and transport technologies. This process includes also long-distance migration of people. The globalization can mean both potential profits and new chances, but on the other hand, it can cause serious threats and huge challenges. A direction of its development and prevention from its negative results, depends on possibilities to influence this process by particular countries and grouping, including societies. It is obvious, that the present shape of the globalization bears injustice, increases inequalities and threats, so is must be corrected to a common favour.

  • Issue Year: 17/2017
  • Issue No: 1
  • Page Range: 5-32
  • Page Count: 18
  • Language: English
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