Publication details

Globalizace a světové hospodářství

Title in English Globalization and the World Economy
Authors

ŽÍDEK Libor

Year of publication 2009
Type Article in Periodical
Magazine / Source Politická ekonomie
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords globalization; world economy; integration; international trade
Description The paper deals with the phenomenon of globalization. The author finds globalization highly questionable concept because there is deep disunity about its definition among the authors. In the first part of the paper different concepts of globalization are summed up. According to authors view there are two main approaches towards globalization - the first considers it as (more or less lasting) integration and the second as a completely new contemporary process. The author regards globalization as a long lasting integration. But he finds that the present integration has a few specifics that are analyzed in the following part of the paper. In the consequent subchapters the author deals with two more topics - the pros and cons of globalization and the durability of the process. The main conclusion of the paper is that globalization is a process that has been allowed by the governments by withdrawing from certain areas and thus releasing creative forces in the world markets.

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