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Information and knowledge are two important entities, which make up present stage of globalization, based mostly on their dynamics. This paper is providing an overview of information and knowledge in global context, highlighting the importance of information society that turned into knowledge society in the beginning of the 21 st century, being driven by Internet-the latter, as part of globalization process. Modern economic theories recognise the importance of information in economic processfatcat:jqrgwvd7uzdzbc3tvu6pa5fz3m