University of agribusiness and rural development, Fiscal policy, globalization and economic growth: sustainable development challenges and perspectives

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Shejnasi Memeti, Ljupcho Stevkovski

Last modified: 2020-02-27


Globalization is usually associated with the collapse of the block divide and the transition of socialist countries to a market economy, followed by the deepening of free trade, the emergence and growth of electronic media and mass communication as well as the emergence of multinational companies operating globally. The main drivers of globalization are the most developed countries in the world such as the US, European Union and Japan. Right-wing elements and nationalists see globalization as the worst vice. The emergence of terrorism in Europe is seen as an agent against Western civilization and globalism projects such as the European Union. With this paper we will try to prove that the emergence of terrorism in the last ten years on the ground, primarily in Europe, has an ideological background and is an attempt by the retrograde forces in the world, hidden under the cloak of religious and clerical nationalist groups, on how to preserve the existing order in the world, possibly, for a little more while.

The paper will explain the genesis of terrorism with an emphasis on the threat of globalization. There will also be a special emphasis on countering this global phenomenon, then on international co-operation, as well as on other dimensions, especially the financial component and the link to organized crime.



globalization, terrorism, European Union, clerical nationalists, religious radicalism, neo-Nazism