The contradictions of globalization

the threats to Public and private sectors development in the world After 2008

Research output: Contribution to journalArticle

Abstract

In this article an analysis of the contradictions of globalization with a particular emphasis on the period since the beginning of the global financial crisis in 2008 is presented. The authors reveal both positive and negative impacts of globalization. Threats to the development of public and private sectors alike are identified and questions are raised about the further necessity of privatization and market oriented reform. The authors debate about various public private relational models and their merits of social effectiveness. Relying on sociological research data the article discovers that for the majority of European populations a social-democratic model appears to be most acceptable based on peoples expectations and concepts of happiness. Nevertheless it is perilous to argue for a single model and claim its absolute suitability (for example – Scandinavian social model because of its economic costs). But it is evident that in some countries the free market and liberal democracy model does not function properly and even worse in some other cases. The article briefly overviews a range of examples revealing globalization influence in the worlds economic and political life. The authors also do not avoid broad generalizations about the character and the factors of globalization.
Original languageEnglish
Pages (from-to)53-64
JournalTiltai: socialiniai mokslai
Volume52
Issue number3
Publication statusPublished - 2010

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private sector
public sector
globalization
threat
market
happiness
social research
financial crisis
privatization
economics
democracy
reform
costs

Keywords

  • Globalization
  • Public sector
  • Private sector

Cite this

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title = "The contradictions of globalization: the threats to Public and private sectors development in the world After 2008",
abstract = "In this article an analysis of the contradictions of globalization with a particular emphasis on the period since the beginning of the global financial crisis in 2008 is presented. The authors reveal both positive and negative impacts of globalization. Threats to the development of public and private sectors alike are identified and questions are raised about the further necessity of privatization and market oriented reform. The authors debate about various public private relational models and their merits of social effectiveness. Relying on sociological research data the article discovers that for the majority of European populations a social-democratic model appears to be most acceptable based on peoples expectations and concepts of happiness. Nevertheless it is perilous to argue for a single model and claim its absolute suitability (for example – Scandinavian social model because of its economic costs). But it is evident that in some countries the free market and liberal democracy model does not function properly and even worse in some other cases. The article briefly overviews a range of examples revealing globalization influence in the worlds economic and political life. The authors also do not avoid broad generalizations about the character and the factors of globalization.",
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T1 - The contradictions of globalization

T2 - the threats to Public and private sectors development in the world After 2008

AU - Guogis, Arvydas

AU - Bileisis, Mantas

AU - Kacevicius, Romualdas

PY - 2010

Y1 - 2010

N2 - In this article an analysis of the contradictions of globalization with a particular emphasis on the period since the beginning of the global financial crisis in 2008 is presented. The authors reveal both positive and negative impacts of globalization. Threats to the development of public and private sectors alike are identified and questions are raised about the further necessity of privatization and market oriented reform. The authors debate about various public private relational models and their merits of social effectiveness. Relying on sociological research data the article discovers that for the majority of European populations a social-democratic model appears to be most acceptable based on peoples expectations and concepts of happiness. Nevertheless it is perilous to argue for a single model and claim its absolute suitability (for example – Scandinavian social model because of its economic costs). But it is evident that in some countries the free market and liberal democracy model does not function properly and even worse in some other cases. The article briefly overviews a range of examples revealing globalization influence in the worlds economic and political life. The authors also do not avoid broad generalizations about the character and the factors of globalization.

AB - In this article an analysis of the contradictions of globalization with a particular emphasis on the period since the beginning of the global financial crisis in 2008 is presented. The authors reveal both positive and negative impacts of globalization. Threats to the development of public and private sectors alike are identified and questions are raised about the further necessity of privatization and market oriented reform. The authors debate about various public private relational models and their merits of social effectiveness. Relying on sociological research data the article discovers that for the majority of European populations a social-democratic model appears to be most acceptable based on peoples expectations and concepts of happiness. Nevertheless it is perilous to argue for a single model and claim its absolute suitability (for example – Scandinavian social model because of its economic costs). But it is evident that in some countries the free market and liberal democracy model does not function properly and even worse in some other cases. The article briefly overviews a range of examples revealing globalization influence in the worlds economic and political life. The authors also do not avoid broad generalizations about the character and the factors of globalization.

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KW - Public sector

KW - Private sector

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JF - Tiltai: socialiniai mokslai

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