Effects of International Trade and Globalization in the Bosnia and Herzegovina
Effects of International Trade and Globalization in the Bosnia and Herzegovina
Author(s): Aleksandra VidovićSubject(s): Supranational / Global Economy, International relations/trade, Globalization
Published by: Naučno društvo za promociju i unapređenje društvenih nauka AKROASIS
Keywords: globalization; trade; economic growth
Summary/Abstract: Globalization is a connection that goes beyond the framework of the nation state, the goal is to increase economic growth and wealth. The most successful developing countries have opened up towards the outside world, they were doing so slowly and gradually. These countries have taken advantage of the globalization process to enhance and expand its exports and as a result achieves faster growth. In practice, there are five dimensions of globalization related to: society, politics, economy, culture and environment, they cannot bestrictly separated from each other, but are intertwined. The objectives of this study are related to: the level of understanding of the impact of globalization, determining a result of the impact of globalization on the socioeconomic development of the country, while the subject of the work is: Globalization and the impact of international trade on Bosnia and Herzegovina.
Journal: Socioeconomica - Naučni časopis za teoriju i praksu društveno-ekonomskog razvoja
- Issue Year: 6/2017
- Issue No: 11
- Page Range: 97-104
- Page Count: 8
- Language: English