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Posts published in “Globalization”

Globalization

Globalization has enhanced the pace of economic-convergence, bringing trans-regional interconnectivity and stability by economic-cooperation. BACKGROUND (Economic-liberalization) One of the basic doctrines: classical and neo-classical (economics) retrospective with Adam Smith is the cost-effective advantages of openness, containing: enhanced specialization, competent resource allocation conferring, to comparative benefit, dissemination of transnational awareness through trade-liberalization, and heightened domestic competition as a consequence of intercontinental…

Is globalization good for the indian economy?

Is globalization good for the Indian economy? Globalization in 1990 there are few changes in order of economy so that throughout the world can give and take the goods, products and can also advertise their business. From then India started doing globalization and it also removed some of the restrictions in 1991. During 1990 because of progress in world financial…

Is globalization good for the indian economy

McDonalds, Coca-Cola, Reebok, Zara, Toyota, Porsche etc, all these multi-national giants entered India when we linked our market to the global market. These new brands which we had only heard of or seen in television, are now actually in our reach. On the other hand, the backbone of India- agriculture-which is a living source for over 55% of the population…

About globalization

Globe Exchange People reside in an ever increasingly connected world that brings opportunities to learn from each other’s cultures and ethical practices. McDonald’s has and continues to have an outstanding impact in the United States and the global society. It is not merely a restaurant, but a cultural symbol that has a significant influence on consumers. George Ritzer coins the…

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