The Complexity of the Implications of Globalization in the Context of the Current Global Economy


  • Raluca Ionela CREŢOIU Ph.D. candidate Free International University of Moldova



globalization, labour force migration, underdevelopment, global problems


Globalization represents a controversial phenomenon both because of its complexity and because of the various implications it has on the global economy. Globalization will act simultaneously on many levels, its effects being correlated with the diversity of the angles from which this phenomenon can be approached from – economic, social, politic, cultural, philosophic etc.The article represents an incursion into the issue regarding the implications and effects of globalization grouped in several areas of analysis such as the disappearance of borders, the effects on culture, the effects on the education, the impact on labour market impact and the phenomenon of immigration, the effects of globalization in the context of the food crisis underdevelopment and poverty.To complete the analysis that points out enough elements considered to be negative, at the end of the article, there are also approached the development opportunities that globalization can offer in terms of boosting the economic exchanges, the exchange of genuine cultural values and ensuring a transfer of information at a global scale, so necessary for the scientific and technological progress.  The conclusions of the article weighs the many aspects highlighted, both negative and positive, and suggests a series of useful research directions in order to fathom the complex features of this concept so controversial – globalization.   


Alderson S. Arthur (2004), “Explaining the Upswing in Direct Investment: A Test of Mainstream and Heterodox Theories of Globalization”, Social Forces, vol. 83, issue 1: 81-122.

Arnett Jeffrey Jensen (2002), “The Psychology of Globalization”, American Psychologist, vol. 57, no. 10: 774-783.

Brady David, Beckfield Jason, Seeleib-Kaiser Martin (2005), ”Economic globalization and the welfare state in affluent democracies, 1975–2001”, American Sociological Review, vol. 70, issue 6: 921-948.

Brady David, Beckfield Jason, Zhao Wei (2007), “The consequences of economic globalization for affluent democracies”, Annual Review of Sociology, vol. 33: 313-334.

Dreher Axel (2003), “The influence of globalization on taxes and social policy – an empirical analysis for OECD countries”, Economics Department Discussion Papers Series, University of Exeter, School of Business and Economics, ISSN 1473-3307,

Gârdan Daniel Adrian, Geangu Iuliana Petronela (2009), “Ways to Increase Fidelity of Textile Products Consumers”, Available at SSRN:

Geangu Iuliana Petronela, Dumitru Ionel, Gârdan Daniel Adrian (2013), “Ethical and Legal Aspects of Marketing Activity in the Field of Dental Healthcare Services”, Proceedings of the 3rd IISHSS- International Conference on Law and Social Order, April 25-26, New-York: Addleton Academic Publishers, 182-196.

Gunter G. Bernhard, Van der Hoeven Rolph (2004), “The social dimension of globalization: A review of the literature”, International Labour Review, vol. 143, no. 1-2: 7-43.

Ungureanu Gabriela (2010), “From Cooperation to Globalization”, Annals of Spiru Haret University, Economic Series, Volume 1(10), Issue 3: 71-78.

Zygmunt Bauman (1999), Globalizarea şi efectele ei sociale, Bucureşti, Antet.




How to Cite

CREŢOIU, R. I. (2014). The Complexity of the Implications of Globalization in the Context of the Current Global Economy. Annals of Spiru Haret University. Economic Series, 14(1), 41–48.