IMPACT OF GLOBALIZATION ON RETAILING IN CROATIA
Journal Title: Challenges of the knowledge society ( Provocari ale societatii cunoasterii ) - Year 2017, Vol 9, Issue 11
Abstract
Trade is one of the leading sectors of the Croatian economy, which has undergone significant changes under the influence of globalization over the last decade. According to Central Bureau of Statistics in Croatia about 16 % of all employees work in trade business, and more than a quarter of business entities are registered in this sector. Therefore the trade has a significant share in Croatian GDP creation. Globalization is considered an important factor of economic development around the world. Through development of communication technology the world has become integrated into the "global village" and a business contact itself can be accomplished in a matter of minutes. The effects of globalization on retailing in Croatia are mostly reflected in the introduction of new retailing forms, development of e-commerce, consumer protection, the introduction of space management, changes in consumer habits and the arrival of multinational trading companies on the market of Croatia. In this way, the Croatian market has become a part of a single system. Globalization has a negative effect on trade in the Republic of Croatia too, because the domestic production and retail sales of small neighborhood stores are threatened in this way. Retailing in Croatia should make an attempt to adapt to the global trends in the world and to new changes taking into account the domestic production by the principle of comparative advantage.
Authors and Affiliations
Sandra Mrvica MAĐARAC, Višnja BARTOLOVIĆ, Matej GALIĆ
Keywords
Related Articles
- EP ID EP299302
- DOI -
- Views 132
- Downloads 0
THE RATIONALE OF LAW. THE ROLE AND IMPORTANCE OF THE LOGICAL METHOD OF INTERPRETATION OF LEGAL NORMS
The interpretation of law was and remains an indispensable postulation, inherent and the most significant in the application of the law. Through interpretation the aim is to clarify the obscure text, to rectify the imper...
THE FUTURE OF GLOBALIZATION
Once humanity had made the necessary technological leaps for promoting fast and easy travel, the acceleration of human endeavors was inevitable. This acceleration has made possible the integration and globalization of na...
REFLECTIONS REGARDING THE ENFORCEMENT OF THE PREVENTION LAW IN THE AREA OF EMPLOYMENTS RELATIONSHIPS
The Law no 270/2017 - Prevention Act is an inedited step in the Romanian legislation. For the first time in Romanian legislation, the ascertaining agent of a contravention has the obligation to establish several remedial...
CRIME OF MONEY LAUNDERING REFLECTED IN THE RECENT MANDATORY JURISPRUDENCE OF THE HIGH COURT OF CASSATION AND JUSTICE
This study represents an in-depth analysis of the rulings of the High Court of Cassation and Justice, by the Panel for clarifying certain legal issues. In actuality, it is about the way in which the Supreme Court ruled w...
THE CONSTITUTIONAL DIMENSION OF THE RIGHT TO A HEALTHY ENVIRONMENT
Paradoxically, for some of us, and first of all, our lives depend on the Planet Earth on which we live. A healthy Planet Earth will allow us a beautiful, long and healthy life. In international treaties or conventions, a...