The first economic globalization was the colonial rule of western capitalist imperialist powers;

The second economic globalization is a period when the two camps of the East and the West are opposed.

The third economic globalization is a period when some western powers are seriously weakened and emerging economies are growing.

Factors of economic globalization:

1, the fundamental factor is the result of the development of productive forces.

The development of high technology, especially information technology, has laid a material and technical foundation for economic globalization.

3. More and more countries develop market economy, which is the institutional guarantee of economic globalization.

4. The liberalization of international trade and investment is the direct cause of economic globalization.

5. The internationalization of enterprise management, especially the rapid expansion of multinational companies in the world, has played a driving role.

Extended data:

The Influence of Economic Globalization on China's Economy

1, which is conducive to attracting and utilizing foreign capital, introducing advanced management theories and experiences from the world and realizing management innovation.

According to statistics, at the beginning of the reform and opening up (1979- 1982), the total foreign direct investment in China was165438+66 million USD. After that, it increased year by year and increased rapidly in the 1990 s. By the end of 2002, it had reached $4.41600 million, and the actual utilization of foreign direct investment from 1993 has been ranked second in the world, ranking first among developing countries.

In the past 20 years, China has attracted 32.47% foreign direct investment from all developing countries. Because economic globalization has realized the global flow of talents, capital, information, knowledge and materials, China can introduce and absorb the world's advanced management theory and experience, and carry out management innovation according to China's national conditions. In fact, the management of multinational companies entering China has given people a lot of inspiration and reference.

2. It is conducive to accelerating the industrialization process and upgrading the industrial structure in China.

Economic globalization enables China to integrate into the world economic system more quickly, make full use of the opportunity of industrial restructuring in developed countries, transfer its relatively advanced labor-intensive industries or production links, and accelerate the industrialization process in China. According to the domestic and international market demand, we will constantly adjust and optimize the industrial structure and export commodity structure to enhance economic competitiveness.

3. It is conducive to deeply participating in the international division of labor, giving play to domestic reality and potential comparative advantages, and expanding overseas markets.

Economic globalization provides opportunities for China enterprises to actively participate in international competition in a wider range of fields. By exerting their comparative advantages, we can improve the efficiency of resource allocation, expand overseas markets and enhance competitiveness.

We can seize the opportunity brought by the new technological revolution, give full play to the advantages of backwardness, develop high-tech industries and realize the leap-forward development of the economy.

Economic globalization has promoted the global scientific and technological activities of scientific and technological talents of various countries, multinational corporations, countries and people to become increasingly active. If we can effectively use them and actively participate in them, we can effectively promote the improvement of China's scientific and technological level. Enterprises in China can make use of foreign technology or innovate on the basis of foreign products, establish and develop high-tech industries, and realize leap-forward economic development.

China Social Science Network-Evolution and Development of Economic Globalization

Baidu Encyclopedia-Economic Globalization