Business, Management and Accounting
2 years ago

Globalisation Boosts Economic Growth in European Union Countries, Study Finds.

Ho Chi Minh City Open University Journal of Science- Economics and Business Administration
Impacts of globalisation on economic growth in Europe Union countries
Huynh Thi Dieu Linh, Truong Ngoc Linh

Paper Summary

Related papers

Theme background image
Social Sciences
5 years ago

Unveiling Alternatives to Capitalism: Redefining Globalization Dynamics Beyond Money

Capitalist Class
East Asian States
Theme background image
Social Sciences
8 years ago

Challenging Economic Globalization: A Call to Action for Adult Educators

Global Citizenship
Vocational Education
Education Policy
Economics, Econometrics and Finance
8 years ago

Economic globalization and anti-globalization harm developing countries, requiring positive action.

Globalization Impact
Globalization Impacts

Globalisation has a positive impact on economic growth in European Union countries. A study analyzed data from 2004 to 2018 from all 27 EU member states and found that economic, political, and social globalisation contribute to economic growth. Political globalisation has a slightly lower impact compared to the other dimensions. This research is the first to use the KOF Globalisation Index to show that political and social globalisation do indeed affect economic growth in the EU region.