Economic Globalization – advantages and disadvantages: the place of Serbia and Japan in the globalized World

Jelisavac Trošić, Sanja (2016) Economic Globalization – advantages and disadvantages: the place of Serbia and Japan in the globalized World. In: Globalized World: Advantage or Disadvantage. Institute of International Politics and Economics; Global Resource Management, Doshisha University, Belgrade; Kyoto, pp. 108-121. ISBN 978-86-7067-222-2

Text Globalized World-108-121.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (441kB)

Abstract

Globalization may have positive and negative effects, causing expansion or bring about reduction and crisis. Due to globalization, economic development and economic crisis are spread all over the world much easier and much quicker. Globalization has increased the free trade between countries, but also rich countries now can sell more goods and products to poorer markets. Serbia and Japan had very different path and are taking very different positions in the globalized world. Japan is one of the leading exporter and importer in the world, and Serbia as a part of Europe, but not a part of the European Union, is still struggling to overcome the negative effects of the globalized market. Both economies are constantly changing and the results of those changes should bring them better integration into the process of globalization.

Actions (login required)

View Item