Annals of the University of Oradea: Economic Science (May 2008)
CONSIDERATIONS ON COMMERCIAL GLOBALIZATION (I – THE DYNAMICS OF THE COMMERCIAL FLOWS: EVOLUTIONS AND STRUCTURAL MODIFICATIONS)
Abstract
Following the WW II, the global economic evolution is more and more marked by the relevant dynamic of the commercial trades that had become the core of the economic development both for the developed countries and for the emerging economies. The average annual growth rhythm of the international goods trade was practically double in comparison with that of the production (real GDP), both for the developed and for the developing countries. Thus, between 1960 and 2005, the rate of the commercial trades in the global GDP increased from 24% to 46%, practically doubling in the 45 years.
