The impact of globalization on the economy of the Republic of Croatia
Journal Title: EKONOMSKI VJESNIK / ECONVIEWS Review of contemporary business, entrepreneurship and economic issues - Year 2019, Vol 0, Issue 1
Abstract
Globalization and globalization processes that have been particularly noticeable in the last few decades have made an impact on the transfer of power centres and have significantly changed the geopolitical picture of the world. In order to affect globalization, its impact must be measured, but the first precondition is to understand globalization in order to be able to properly measure it at all. Measuring a complex phenomenon such as globalization requires the inclusion of a number of elements on which measuring will be based, such as measuring the social, economic, political and ecological dimensions of globalization. Certain elements of globalization are harder to measure because the indicators involved in each element are not entirely appropriate. Economic globalization is mostly made up of economic indicators that are unequivocal and comparable, while social or political globalization is determined by indicators that depend on economic strength and state development. Globalization processes have significantly influenced the economy of the Republic of Croatia as well as the state of the environment. The aim of the paper is to provide a comprehensive overview of the globalization trends within the Croatian economy as well as a comparison between the Croatian economy and the economies of neighbouring countries that have had a similar transition path based on the composite globalization index. In this paper, a regression analysis of individual elements within the composite globalization index was conducted
Authors and Affiliations
Dražen Holmik
Keywords
Related Articles
- EP ID EP593674
- DOI -
- Views 56
- Downloads 0
PRIKAZ POPULARIZACIJSKOGA SIMPOZIJA: KREATIVNA RIZNICA 2017. – KEMIJA KREATIVNE INDUSTRIJE
Kreativna riznica popularizacijski je simpozij kulturne i kreativne industrije Ekonomskoga fakulteta u Osijeku koji se održava već treću godinu. Popularizacijski simpozij Kreativna riznica primjer je velikog događanja ko...
Interdisciplinary management research conference – IMR 2018
The IMR 2018: 14th International Conference on Interdisciplinary Management Research is an annual international conference organized by Josip Juraj Strossmayer University in Osijek, Faculty of Economics in Osijek – Postg...
Market orientation and entrepreneurial effect of winemakers
The method of interviews was used to conduct a case study whose objective was to determine the market orientation and entrepreneurial effect of four winemakers in Osijek-Baranja and Vukovar-Srijem Counties. The study sho...
Internationalisation of small and medium-sized enterprises in the EU-28
International trade activities of the European Union Member States do not only influence the world trade but also make a substantial contribution to the European economy. Free trade between the European Union Member Stat...
TESTING THE FACTOR PROPORTIONS MODEL FOR CROATIA
The factor proportions model is one of the main models in international trade theory. It was developed by Swedish economists Eli Heckscher and Bertil Ohlin in the early 1920’s. Based on the merchandise trade data between...