Munich Personal RePEc Archive

A perspective on the new types of money as the organization's answer to the challenges of the globalization

Drumea, Cristina (2007): A perspective on the new types of money as the organization's answer to the challenges of the globalization. Published in: Annual ARA Congress Proceedings , Vol. 31st A, No. 31st ARA Congress - Proceedings, Presses Internationales Politechniques, 2007 ISBN 978-2-553-01412-3 (5. August 2007): pp. 311-312.

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Abstract

The globalization of the economic activity is profoundly changing long established concepts, customs and ways of doing business all around the globe. One of those concepts is the currency. The globalization and the Internet, really two facets of the same phenomenon, people hugely removed in every way, can meet in the marketplace to exchange their wares. Which money should they use? Is the government issued currency fit for all the exchange purposes? This article will attempt to paint one more way in which the large corporations can act more like national governments.

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