The Internationalization and Integration of the Croatian Economy through Regionalization

Abstract

Regionalization and globalization are forms of business internationalization that differ in terms of their frequency and market distribution. There are more frequent examples of companies, and of entire economies, which have internationalized business in a regional direction, as compared to those that have globalized their businesses. Each regionalization and globalization is also at the same time the internationalization of business, while only some internationalization is also the globalization of business. The paper will take a detailed look at the position of the Croatian economy and some of its segments undergoing internationalization. The research shows how the Croatian economy offers an example of regionalization. The EU market is exceptionally important as a region for the Croatian economy. This can be supported by the market movement of the Croatian exchange of goods, import-export, foreign investment in the Croatian economy, contribution of regions like the EU with Croatian tourist results, and trading companies and their origin in the process of the internationalization of the Croatian distributive market.