AN APPROACH ON GLOBALIZATION FROM A PROCESS POINT
                        OF VIEW

                                 Vlad Polearus, post-graduate ASEM

        Abstract: The globalization process hasn’t been triggered randomly or spontaneously. It
acted in accordance with certain prior tendencies. Nevertheless it appeared as a response to
crises in economic, energetic, financial, currency, raw material and alimentary fields from the
end of the 60s and the beginning of the 70s which shook the world’s economy. It began to define
itself as a strategic instrument for big companies and banks to ensure their profitability
regardless of the superficial or deep changes which have occurred in different economies where
they have invested their capitals.

       Key words: globalization, strategic instrument, process based globalization
       JEL code: A1