Globalization as a Macroeconomic Megatrend
Alojzy Z. Nowak
Globalisation as a Macroeconomic Megatrend
The process of globalisation really started with great geographical discoveries, which in many cases led to colonisation of the newly found territories. There is no doubt, however, that the dynamics of supra-national relationships of an economic nature received a violent thrust together with the quick growth of the capitalist system. The market as the key element of the system increasingly forced efforts aiming at abolition of all sorts of regulation and trade barriers.
Historical Stages Upon the Way to Globalisation of Economy
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