Abstract Concerning the Issue of Globalization and Regionalization

Journal Title: Globalization and Business - Year 2016, Vol 2, Issue 2

Abstract

Along with the disappearance of the idea of communism completely new ideological project sprung with the name of ‘globalization’. To be can dour, the main aim of globalization is unification of the people of the world into a single, whole one (?!) that covers political, cultural, religious and other unified aspects of life and etc. According to the dictionary definition, ‘integracio’ is the unification of different parts into a single unit. T. Levit was the first to use this term with its economic connotation. The disadvantages of the globalization are as follows: fast spread of crisis situation in certain countries; hindering the movement of short-term capital, increasing the number of international financial swindlers; drawbacks due to improper condition of a national economy, administrative government, legal system for the developing countries and the states with transitive economy; intensifying international organized crime; ignoring national peculiarities; intensifying illegal migration and trafficking and etc. If Georgia is intensely drawn into the processes of world integration it will be a loser in a general sense because Georgia is absolutely unprepared in terms of aforementioned resources. In this process a lot remains to be invisible but its results are obvious and realistic. Everything depends on the decision made by others being thousand miles away. The way-out is building ‘The South Caucasian Region’. In order to reach the aim it is necessary to scientifically evaluate and analyze the attempts of ‘unifications’ of historical neighbours and their results among which Russia’s annexation period is included; optimal ways of moving to a new culture of political and economic existence should be chosen and the main item_ the role of Georgia and ‘its function as a middleman’ should be defined in planning and implementing a new idea of building an unified Caucasian House.

Authors and Affiliations

Akaki Bakuradze

Keywords

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  • EP ID EP567702
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How To Cite

Akaki Bakuradze (2016). Abstract Concerning the Issue of Globalization and Regionalization. Globalization and Business, 2(2), 68-73. https://europub.co.uk/articles/-A-567702