Globalization impact on economic growth research review

Abstract

In this article theoretical aspects of globalization and economic growth connection are analysed while looking for an answer how globalization affect countries economic growth. Three globalization dimensions – economic, social and political – are being examined. An empirical part of the article reviews the research on the impact of globalization on economic growth. The aim is to summarize the results of research carried out by researchers on how globalization and its dimensions affect economic growth. According to the results of the research, conclusions are made on the link between globalization and economic growth.