The article deals with a discussion on two trends in modern economy, i.e. globalization and regionalization and their relationship with the economic policy. Undoubtedly, both processes require an active economic policy on the part of governments which would allow to meet the challenge connected with the above mentioned processes. Research into economic systems confirm the idea that economic policy has always played a significant role in the achievement of a particular level of advance by a given country. So far, none of the schools of economic thought has expressed doubts concerning its very existence. However, we can speak of different degrees of state interventionism and different results of the adopted policy that is to say its effectiveness in achieving development and solving economic problems of the country. Global corporations appear to be especially tough partners for the state as they take full advantage of the rules of free market economy to intensify their income.
Andrzej F. Bocian, Uniwersytet w Bialymstoku, Wydzial Ekonomii i Zarzadzania, ul. Warszawska 63, 15-062 Bialystok, Poland
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