Analysis of the evolution of the globalization index 2000- 2019

Abstract

Globalization is not just a term but a process of global economic evolution. The process of globalization is initiated by the perspective of international economic conditions. During globalization, invariably, there are effects that may be favorable to the strong and less favorable to the small, in this category including those with limited economic opportunities, but also includes countries that do not have a large technological development, but have of mineral resources, primarily and other special nature. In this article, we have highlighted the main effects produced over time, which, although not treated as an effect of globalization, are in line with the entry of large multinational corporations. From here, the effects that are borne by those categorized small appear. In parallel, the authors investigated and found some evolutions even on the Romanian scene that are similar to the great globalization. Globalization has also influenced the evolution of GDP because due to the relations between states, trade represents almost 50% of the world's GDP. Globalization could pose a direct threat to the traditions of states to the detriment of cultural diversity and the lifestyle of citizens. This article aims at the evolutionary analysis of the globalization index in the period 2000-2019, focusing on the last part of the interval. Using statistical data, a comparison was made between several states that have been and will be true poles of power at the international level, especially in the context of globalization. DOI: https://doi.org/10.53486/9789975155649.09; CZU: 339.922”2000-2019”; JEL: F6;O50