Globalization and Its Negative Impact on the Global Economy

Research of globalization influence to paradigm change in financial services

“…According to derived data following preliminary results of the research was obtained after application of mean average formula (1) as it is shown in table 3. It was 0 values for the category "V" for 2017 [11][12][13], 2018 [14][15][16][17][18] and 2019 [19][20][21][22] publishing years, but in only one case in 2020 [23] all categories had their respective values.…”

“…In 7 cases out of 20 inspected materials there was no mentioning about any technology relating to financial services as seen in table 4. Those are from article 3 [27], 4 [28], 5 [11], 6 [12], 8 [14], 9 [15] and 13 [19]. While the issue of traditional banking institution and globalization was discussed or at least touched in all 20 articles.…”

“…SHS Web of Conferences 92, 0 (2021) Globalization and its Socio-Economic Consequences 2020 In table 4 there is full representation of value per each of 20 inspected article. However, in order to better understand the tendency which is actually in line with main research question of the article, it was decided to make visualization of the data for the articles of 2010 [29], 2012 [30], 2015 [27], 2016 [28] and 2017 [11][12][13], 2018 [14][15][16][17][18], 2019 [19][20][21][22], 2020 [23][24][25][26] separately by using graphical tools of the Excel program.…”

“…Indeed, it is different scale as it was analyzed 16 articles during that period. The lines of technology "T" and globalization "G" demonstrated steady decline from 2017 all the way till 2019 [11][12][13][14][15][16][17][18][19][20][21][22]. However, the traditional financial institution agenda sky rocketed in 2018 [14][15][16][17][18] till joining to the decreasing team of blue and orange line in 2019 [19][20][21][22].…”

“…According to that formula (1) all the values from data set (see table 4), in this case values (total number of words per category) derived from each article, were added up and then divided to the number of articles within the one-year range. In this way data from articles within the range of 2017 (3 articles) [11][12][13] 2018 (5 articles) [14][15][16][17][18], 2019 (4 articles) [19][20][21][22] and 2020 (4 articles) [23][24][25][26] are analyzed separately from the rest publishing years. See table 3.…”