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The Humanities And Social Studies in the Far East

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ON THE MATTER OF COORDINATION OF ECONOMIC GLOBALIZATION AND ECONOMIC TRANSFORMATION
Chang Vej

Annotation

The article is an attempt at theoretical analysis of some categories of economic globalization and economic transformation in their interrelation. The author compares processes of social and economic development in various countries and shows advantages obtained by those countries that have joined the globalization process on beneficial conditions. Positive consequences of economic globalization are also shown in this work that take place if governmental involvement in economy is restricted.
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