In line with the historical trend of economic globalization, we should actively promote open cooperation and achieve common development. Open cooperation is the inevitable logic of scientific and technological progress and productivity development, an important driving force to enhance the vitality of international economic and trade, a realistic requirement to promote the stable recovery of the world economy, and an era requirement to promote the continuous progress of human society.
The process of economic globalization is the process of increasing the degree of socialization of production. In the process of economic globalization, social division of labor can be carried out in a wider scope, and factors of production such as capital and technology can flow and be optimally allocated in the international community, which can bring huge benefits from division of labor and promote the development of world productivity.
Developed capitalist countries are the main beneficiaries of economic globalization, because they occupy a dominant position in the process of economic globalization, have a greater say in formulating trade and competition rules, and control some international organizations.
Extended data
The formation and development of economic globalization has its objective inevitability. This is because:
First, the new scientific and technological revolution and the high socialization of production provide material conditions for economic globalization;
Second, the high development of international trade provides a realistic foundation for economic globalization;
Third, the rapid development of international finance has become an important driving force of economic globalization;
Fourth, the development of international mutual investment has accelerated the process of economic globalization.
Economic globalization is an important trend of world economic development since the Second World War, especially since the 1990s.
Economic globalization refers to the process that social movements in all aspects of production (production, distribution, exchange and consumption) and various capital forms (monetary capital, production capital and commodity capital) transcend national boundaries and are carried out on a global scale under the impetus of the new scientific and technological revolution and the development of social productive forces to a higher level.
The essence of economic globalization is capital globalization, which is the objective trend of socialization of production and internationalization of economic relations.
Economic globalization is produced under the conditions that science and technology and social productive forces have developed to a higher level, the degree of interdependence and mutual penetration among countries' economies has been greatly enhanced, various barriers that hinder the free circulation of production factors around the world have been weakened, and international economic operation rules have been gradually formed and improved.
Baidu Encyclopedia-Economic Globalization