THE IMPACT OF GLOBALIZATION AND GOVERNANCE ON LOCAL ECONOMIC DEVELOPMENT

Globalization and the crises context have influenced the local economic development in Romania and determined the government to adapt its policies according to them. This paper presents part of the results of a specific research on the impact of globalization and the government policies to the local economic development. The sample was composed by small and medium size enterprises from Bucharest. They are specialized in export of products from three main areas. The research methodology included a questioner followed by a telephone interviews. The paper ends with some recommendations for the Romanian government to support local business environment development in a context with an increased influence of globalization.