Home  Journals  Finance and Credit  13(397) - 2010 April

Wikinomics on macroeconomic level as a development of global economic terms

Available online: 8 April 2010

Subject Heading: PROBLEMS OF GLOBALIZATION

JEL Classification: 

The economic crisis started in 2008 has made serious impact on the further development of global economy. In the present work analyzed recent trends of world economic development in which the essential place is occupied with unprecedented measures of the countries-participants of global economy on approchement of their economic systems. The conclusion is economic crisis consequences dictate new macroeconomic conditions in which the dominant role is played by ability of the countries-participants to cooperation and self-organizing, which allows not only to resist successfully to an adverse economic infrastructure, but also opens new ways of reception of profit, by refusal of a competition. This tendency, which received the name of wikinomics in microeconomic, appears on macro level as well.

Keywords: wikinomics, globalization, economic crisis

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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