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Theoretical And Conceptual Study On The Evolution Of The Globalization Phenomenon

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  • ANCA IOANA TROTO (IACOB)

    (UNIVERSITY OF CRAIOVA)

Abstract

Globalisation is the concept used to describe the economic, financial and social interdependence of states, generated by cross-border trade in goods, services, information, investment, technology and people. Demographic, political, technological evolution, economic interests and many other factors influence globalization, the general definition of which is modulating according to the realities of each generation. In this context, the academic environment updates the specialized literature, nuanced the terminology and theoretical aspects according to the evolution of the phenomenon, which is constantly changing. In the current context in which humanity is, in the midst of a global health crisis and with the prospect of an economic crisis, globalization brings benefits and disadvantages alike and returns to the attention of academia. Thus, the dilemma "Globalization or deglobalization?" becomes more topical than ever. This paper is an introspection in the conceptual aspects of globalization, in order to highlight the advantages brought to the economic and financial evolution, the factors of influence, as well as the risks that an interconnected society has.

Suggested Citation

  • Anca Ioana Troto (Iacob), 2022. "Theoretical And Conceptual Study On The Evolution Of The Globalization Phenomenon," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 229-234, February.
  • Handle: RePEc:cbu:jrnlec:y:2022:v:1:p:229-234
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    References listed on IDEAS

    as
    1. van Bergeijk, P.A.G., 2017. "Measurement error of global production," ISS Working Papers - General Series 632, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    2. Anca Ioana Iacob (Troto), 2020. "A Theoretical-conceptual Approach to the Particularities and Functions of the Stock Markets, in the Context of the Pandemic Period," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 948-956, December.
    3. van Bergeijk, P.A.G., 2017. "One is not enough! An economic history perspective on world trade collapses and deglobalization," ISS Working Papers - General Series 98695, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
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