GLOBALIZATION, CONTEMPORARY PROBLEMS AND TENDENCIES OF INTERNATIONAL BUSINESS DEVELOPMENT

Abstract

Globalization phenomenon have a extremely actuality due to the fact that is a key factor on the increasing interdependence of national states as a result of the expansion and intensification of international relations. The paper aims at presenting and analyzing the main ways of economic development based on the pace of technological progress and expansion of globalization, using different research methods of economic science, especialy comparative analysis and statistical method. As a result, data demonstrate that national economic development depends on the participating of the countries to globalization processes at regional and international levels.

Keywords

• globalization
• global interdependence
• technological progress
• political instability
• international relations
• competitiveness
• investment
• innovation performance
• international competitors.