Világgazdaság

Világgazdaság is a Hungarian term that translates to "world economy" or "global economy". It refers to the interconnected economic activities of all nations on Earth, including trade, finance, production, and consumption. This encompasses the flow of goods and services across international borders, the movement of capital, the operations of multinational corporations, and the impact of global economic policies and trends.

The study of the world economy examines how different national economies interact and influence each other. Key aspects include international trade theories, foreign exchange markets, balance of payments, economic development, globalization, and international economic organizations like the World Trade Organization (WTO) and the International Monetary Fund (IMF). Understanding the world economy is crucial for businesses, governments, and individuals as it shapes economic growth, employment, and living standards worldwide. Major shifts, such as technological advancements, geopolitical events, and financial crises, can have far-reaching consequences across the global economic landscape. The term highlights the interdependence of national economies in the modern era, where decisions and events in one part of the world can significantly impact others.