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Globalization has interconnected markets, businesses and economies. Recessions are economic phenomena that may affect the economic growth, and occur from time to time. The global economy goes through various economic fluctuations that represent the ups and downs of the economic cycle. This paper investigates and presents the entitled research "Economic fluctuations, global recession and the trends for economies, businesses and markets in times of globalization". As a methodology of research, authors focused on literature review and a descriptive quantitative and qualitative data analysis. The research questions are "What are the trends of the economic fluctuation and recession for business, markets and economies?" and "has there been a possibility of recession recently?". The results showed that economies in times of globalization could face the risk of recession that remains a phase of the economic cycle and appears with a decrease of the economic activity and real GDP. Generally, inflation comes out from foreign demand, private consumption and government policies and it hits goods and services, the level of consumption and investments decreases during the period of recession. The increase of inflation could generate difficulties in the purchase power. As a result, companies and businesses should find a way to be resilient during the periods of recession. Advanced economies know better how to survive during the periods of recession, as the analysis showed that globalization transmits the trends between economies, the real GDP in both advanced and developing economies appears in parallel lines of fluctuations. In conclusion, strengthening global cooperation remains the best way to improve the economic prospects. Furthermore, political adjustments, effective negotiations and investments could be useful to survive in times of recession. Due to globalization and internationalization, advanced economies and developing economies are highly connected. [ABSTRACT FROM AUTHOR]

This paper presents and analyses the global outlook transition of SMEs under the processes and impact of internalization and globalization. Since the question arises to achieve this goal, it is important to find out how SMEs may contribute to the international market, economic growth and the international environment. In short, thanks to SMEs many technological processes and innovations came out compared to large companies and enterprises that attempt to improve existing products to increase the quantity and profit for a better economic growth. At the same time, it is important to underline that, for their part, SMEs can also obtain advantages from globalization and internationalization, as shown by the Italian case studied. The methodology of research and analysis bases on a systematic literature review and part of descriptive qualitative with a quantitative research and empirical results of a case of non-listed Italian company. Using an analytic background of SMEs, entrepreneurship and regional and international environment. Various ways of methodical analysis and research are implemented as well like the VOSviewer method to compare the regional and international environment and to find out whether there are some connections among these two types of environments. For comparing the two main concepts we used CitNetExplorer as well as method. The practical part presents the data that was obtained through the conducted research and method. The main research focuses on SMEs. The data are evaluated using content analyses and the research questions are answered based on the results of this analysis. The conclusions show that, Globalization has made it easy for SMEs. In other words, it increases their ability, production level, their processes of innovation and for sure their competitiveness since they contribute with a required annual turnover to the market and economic growth. [ABSTRACT FROM AUTHOR]