Globalization, defined in economic terms as the phenomenon of increased integration of the world economy, generates strong reactions due to some negative effects of the growth of international trade, the internationalization of industrial production, and unrestricted cross-border capital flows,...

The last one and a half centuries have witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more...