Globalization and its impact on the national economy
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Date
2018
Authors
Journal Title
Journal ISSN
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Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
The article deals with modern actual issues of globalization and its impact on the national economy.
According to the author’s explanation, the globalization is the process of formation the world as an economic, technological, political and cultural entity through conditions of maintaining the statehood and national identity of the concrete countries.
Globalization has objective as well as subjective features. That’s why the globalization includes unprecedented possibilities for development of human society as so as it threats of its existence. The positive results have been achieved only when any exposures of abuse are excluded and all decisions are received as a result of common consensus. The other trends of globalization might be ended with disaster.
Globalization influences all sectors of national economy, including unemployment. In the article into detailed form are discussed the positive and negative sides of influence that globalization has on the national state and economy.
The influence of globalization that affects to the unemployment depends on the circumstances that have been existing in the world and in national economies. The article analyzes the influence of globalization on unemployment in developed, developing and post-communist countries as so as it’s influence on the international labor market at the current stage.
Description
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Keywords
Globalization; national economy; unemployment; international labor market
Citation
III International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2018, pp. 28-32