Problems of socioeconomic development in the conditions of contemporary globalization

The authors explore the problem of contemporary globalization and management of socioeconomic development. They stress the role of world money i.e. virtual capital. In particular, they deal with the method of separating the financial system from the real economy and the problem of the management in...

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Bibliographic Details
Main Authors: Milačić Srećko, Kostić Aleksandar
Format: Article
Language:English
Published: University of Pristina in Kosovska Mitrovica, Faculty of Economics 2018-01-01
Series:Ekonomski Pogledi
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2018/1450-79511802001M.pdf
Description
Summary:The authors explore the problem of contemporary globalization and management of socioeconomic development. They stress the role of world money i.e. virtual capital. In particular, they deal with the method of separating the financial system from the real economy and the problem of the management in the conditions when corporations have all the power. They promote the need to develop awareness for strategic control of resource utilization and their reproducibility. The authors highlight the difficulties that come with integrations, ranging from protectionism to autocratic behavior, as well as unprecedented debt growth. Bankruptcies are increasing without a tangible solution.
ISSN:1450-7951
2334-7570