How to cope with the globalization recommendations for the EU novel members

Abstract

Globalization, as the new way of division of labour, influences the world market and the economy of many countries. During the last decade, they changed (increased) the employment in the Service Sector in most of the EU original members and also increased their involvement in the global trade. A new member that wishes to upgrade its economy must find ways for deepening its involvement in the globalization process. It can successfully do it by finding its specific niche, by investing in infrastructures, by promoting its export‐oriented industries and by encouraging the creativity, innovative and entrepreneurship drives of its people. Countries that will fail to take the right actions will stay behind and many of its competent people would seek their livening in other promising locations.

Citation

Avny, A. (2007), "How to cope with the globalization recommendations for the EU novel members", Journal of International Trade Law and Policy, Vol. 6 No. 2, pp. 71-78. https://doi.org/10.1108/14770020780000558