Utjecaj globalizacije na zemlje u tranziciji
The Influence of Globalization on Transition Countries

Summary/Abstract: Globalization has become an inevitable process in Europe. Many claim that there is no alternative to globalization. Countries in transition will experience both positive and negative effects of globalization. Although globalization engulfs societal changes in theory, in practice it is primarily an economic issue. Globalization is not exploitation but rather expansion of development and unification. Unused resources from developing countries will receive a financial and technological injection. Symbiosis of Western capital and modern technologies with markets and resources from developing countries should provide positive results.

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