The European Union as an actor of globalised world economy
Keywords:
the EU, world economy, economic development, economic growth, tendencies of economic growthAbstract
The European Union is an interesting, and comprehensive model of regional economic integration which, by its importance and impact, transcends the geographical space of its location and is gradually becoming one of the key players in the world economy. The processes of development and further formation of the world economy are currently strongly influenced mainly by the accelerating process of globalization, which generates several changes and specific development tendencies, which influence to the individual geoeconomic units is different. The paper will concentrate on describing and analyzing selected factors determining the dynamics of economic growth and development of the European Union in its internal and external economic space.
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