Economic mechanisms of globalization

Economic mechanisms of globalization
The various economic mechanisms of globalization are:
* Negotiating sessions of the World Trade Organization as one of the mechanisms for the liberalization of world trade
The World Trade Organization (WTO) seeks to achieve international trade freedom by eliminating discriminatory treatment of international trade flows and removing all restrictions and barriers that prevent the flow of trade across countries.
* Multinational companies.
 The Committee of Twenty established by the United Nations Economic and Social Commission (UNESC) is a company whose activities depend on a multi-nation market, and its decisions, choices and strategies are of an international and international nature. Thus, companies have a great freedom of movement of resources, As well as the monetary advantages of any transfer of technology between different countries and arrange for transnational companies in this form accompanied by the ability to influence the new economy and the characteristics that make these companies have an impact on the new world order as follows:
- Concentration in investment activity.
- Take the form of giant economic entities with high growth rates.
- Increasing degree of diversity of activities and vertical and horizontal integration.
- The size of its markets and geographical spread.
- The ability to transform production and investment worldwide.
- The pursuit of strategic alliances.
- Belonging to the industrially advanced market economies
- Mobilization of global savings
- Strategic planning and strategic management.
* Tanafism as one of the mechanisms of globalization.
As a result of what is characterized by the concept of modernity competitiveness and subject to general economic theory, most of the economies and international economic bodies differed on the definition of a precise and precise concept of competitiveness. This is evident from the large number of influences used to measure competitiveness.
1 / Definition of competitiveness at the level of the establishment: The ability to provide the consumer products and materials more efficiently than other competitors in the international market in the absence of support and protection by the government and measured the competitiveness of the enterprise through profitability and growth rates over time and through external supply or export.
2. Competitiveness at the sector level: The ability of a particular industrial sector in a country to achieve sustained success in international markets without reliance on government support and protection and the competitiveness of a particular industry is measured by the total profitability of the sector and its trade balance and the interest of foreign direct investment inside and outside the country. Quality and industry-wide quality.
3 / Competitiveness at the state level: means the ability of the state to produce goods and services that succeed in the global markets and maintain the per capita national income.
The relationship between competitiveness at the three levels of the establishment, the sector and the state is complementary. It is impossible to reach a competitive sector or industry without the existence of companies with competitive capabilities capable of leading the sector to gain competitive ability internationally and thereby achieve a better standard of living at the state level.