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What is Global System

Global Challenges in Public Finance and International Relations
Global system is an economic and political construct in which capital, management, employment, knowledge, natural resources and organizations are fully internationalized. The main determinants of the global system are nation states, multinational corporations, international institutions, and non-governmental organizations.
Published in Chapter:
The Globalized World With Different Perceptions, Dimensions, and Problems
Aysun Yilmaztürk (Balikesir University, Turkey)
Copyright: © 2019 |Pages: 21
DOI: 10.4018/978-1-5225-7564-1.ch001
Globalization refers to the integration of economic, social, political, cultural, and technological connections between countries. In this context, the concept of globalization includes every country and every social structure in the world with all its aspects. For this reason, the global influence of globalization can be said. Today, the irrefutable reality of the changing and transforming characteristics of the globalization process is accepted by the states, and determinations are made in this sense and measures are taken in the sense of negative effects. This change also affects international public finance. The common problems of the global world that arise in changing public finances are desired to be solved. In this chapter, different perceptions and dimensions of the phenomenon of globalization are examined. In this context, perceptions of globalization have been confused, and the dimensions of globalization and the problems brought about by these dimensions have been revealed.
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Main Characters of Globalization in the 21st Century
The predominant patterns of behaviors and beliefs that prevail internationally to define the major worldwide conditions that heavily influence human and national activities.
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