Progressive Globalization: One Of The Trends In The Global Economy

Progressive globalization - one of the major trends in the global economy observed at the turn of XX and XXI centuries. The ratio toin this process is extremely heterogeneous among professionals and among ordinary people There is both positive and negative perceptions of globalization. However, to stop the integration of the society on the economic and the political, social, intellectual and cultural level is not possible, and therefore, it is necessary to identify the key challenges of globalization and to prove it.

According to the Cambridge Dictionaries, globalization is a situation in which available goods and services , or social and cultural influences, gradually become similar in all parts of the world. Globalization has started speeding

MNCs are shaping a monoculture by that abolish local competition and in that way force local business to close. Under multinationals understood international firms with their business units in two or more countries and managing these units from one or more centers. They stimulate the development of scientific and technical progress, involve the country in the international economic relations, promote the development of global production and

However, some of them (mainly those which have a relatively developed economy) also have their own TNCs, but mainly commodity companies such as Gazprom (Russia).

Based on the foregoing, it can be concluded that the developed countries in many respects superior to the developing both in terms of the openness of the economy, and by the presence in them of transnational corporations. This suggests that they are involved in international economic relationship is much stronger, and hence their level of globalization significantly higher. This, in turn, indicates the presence of significant differences in the economies of these countries and that the process of globalization of compounding, which can lead to ambiguous results.

For more accurate picture of negative repercussion on economic self-sufficient I would like to cite as an example one on the most famous and powerful multinational corporation

The distribution of resources on a similar principle (the rich get richer and the poor - poorer) leads to an increased risk of confrontation on the different (regional, international and national