The Modern Economy: The Globalization Of The Modern Economy

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The globalisation of the modern economy is a fact. By some considered as the solution to all the problems, by other known as the evil. What characterizes the process which awakes so strong and extreme excitement? If this what is happening around is globalisation, its presumptions or maybe the effects? Depending on the discipline of science represented by investigators dealing with globalisation we can see an interpretation which gives to globalisation an economical, sociological, political cultural or technical character. G.W. Kołodko defines globalisation as a historical process of liberalisation and following this integration of existing in certain isolation markets moneys, commodities and workforce in one independent world market. The …show more content…

place with the rise of only 0,2 percentage points higher than the average. The leaders of the highest achievers of gross domestic product per person measured in purchasing power parities are practically the richest countries of the world with Japan, China and United States in the lead. At the opposite extrimity are those countries, whose citizens are the poorest (Tuvalu, Nauru, Kribati). Poland with 547 894 million USD per capita is on 23. place. According to a report, year 2010 brought economic recovery, and with it a significant increase in foreign trade turnover. The biggest exporter in the world is China, for the second place are United Stated and for the third is Germany. Poland recorded export growth about 19 billion USD, taking 25. place in the ranking. Import of goods shows how much country is open to the products from other states. Poland’s import at 173.8 billion USD was ranked on 24. place, noting a drop, in comparison with the previous …show more content…

A multitude of examples of the opportunities generated in connection with the process of globalisation can’t hide the negative effects inicated by its critics. Not by all the globalisation is treated as a boon and the remedy for the social and economic weaknesses. The opponents have the entore list of threats: - provoking revolts and world revolution – global terrorism; - accretion of social inequalities as a result of uneven distribution of goods, services and finance; - the catastrophic dimensions of the environmental risks caused by development of industry and urbanisation; - real possibilty of nuclear war; - spreading of demoralisation, mainly by the mass

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