GLOBALISATION AND IMPLICATIONS : A Study with reference to Indian Pyramid

概要

論文の詳細を見る
Debate abounds over whether globalization of the economy is good or bad for the self, the family, the nation, and the world. Globalization means integrating the economy with rest of the world, which involves dismantling of high tariff walls among the various countries. Some pessimists see the presence of globalozation as increased interdependence, while optimists see a more deverse and better life for all. Globalization is used to describe the impact of removal of restrictions on foreign trade, investment, and innovations in communications and transport systems. People are linked together economically and socially by trade, investment and governance. These links are spurred by market liberalization and information, communication as well as by transportation technologies. The present paper is an attempt to study the meaning & scope and phases & indicators of globalization in the Indian market, a country known for educated, but many poor people. The country is also known as destination for marketing products from multinational enterprises from other countries, looking at the opportunities at the bottom of the pyramid. The purpose of the study is to assess the effects of globalization on the Indian pyramid with specific reference to different sectors or industries of Indian economy, such as Telecom, Insurance, Banking and finance, Retail sector, FMCG, Textiles and Agriculture.