How to understand the trend of economic globalization

Updated on Financial 2024-05-18
3 answers
  1. Anonymous users2024-02-10

    Resource information is now available in almost real time.

    The information, transportation network is very well developed.

  2. Anonymous users2024-02-09

    It has been formed, and it will continue to develop in the future. Economic globalization.

    It is a historical process that can be traced back to the 16th and 18th centuries. Industrial Revolution.

    Since then, the capitalist commodity economy, modern industry, and transportation have developed rapidly, the world market has accelerated its expansion, and the number of exchanges between countries in the world has greatly exceeded the level of previous generations. Since the 90s of the 20th century, economic globalization has developed rapidly, and has now developed into a scientific and technological revolution and the development of information technology as the forerunner, covering all fields of production, finance, and investment, including the world economy and all aspects and processes linked with the world economy.

    Extended information: The main factors that lead to the rapid development of economic globalization are:

    1. First of all, the progress of science and technology and the development of productive forces. In particular, the information technology revolution since the 70s of the 20 th century has not only accelerated the speed of information transmission, but also greatly reduced the cost of information transmission, broken all kinds of geographical and even national restrictions, linked the whole world unprecedentedly, and promoted the rapid development of economic globalization.

    2. Secondly, the development of multinational corporations. Transnational corporations (TNCs) provide a suitable form of enterprise organization for economic globalization. Transnational corporations have taken advantage of the advantages of various places to organize production on a global scale, which has greatly promoted various factors of production.

    The global flow and the international division of labor have greatly promoted the process of economic globalization.

    3. Finally, the reform of the economic system of various countries. Since the 90s of the 20 th century, countries with traditional planned economies have abandoned their planned economic systems.

    Shift to a market economy.

    Transition. The advanced capitalist countries in order to get rid of economic stagflation.

    The state's control over the economy has been weakened, and the spontaneous adjustment role of the market mechanism has been strengthened. On an international scale, along with the world's ** organization.

    The control of its members over the domestic or regional markets has been greatly relaxed, and the process of liberalization and investment liberalization has been accelerating. All these have provided a suitable physical environment and policy conditions for the flow of international capital, the expansion of international capital, and the large-scale development of international production, and promoted the development of economic globalization.

  3. Anonymous users2024-02-08

    Economic globalization is an inevitable trend of world economic development, and it is both an opportunity and a challenge for developing countries. In response to the trend of economic globalization, we should:

    1. Unswervingly implement the policy of opening up to the outside world, adapt to the trend of economic globalization, actively participate in international economic cooperation and competition, and make full use of the various favorable conditions and opportunities brought about by economic globalization;

    2. Maintain a clear understanding of the risks brought about by economic globalization, strengthen prevention, enhance the ability to resist and defuse, effectively safeguard China's economic security, and better develop and strengthen themselves;

    3. Adhere to the basic strategy of combining bringing in and going out, and adhere to the principle of independence and self-reliance.

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