Tuesday, September 26, 2006

Re: //Dil Se Desi// Help For Roshan On Globalization Help Required

Globalization or globalisation is an umbrella term for a complex series of economic, social, technological, cultural and political changes seen as increasing interdependence, integration and interaction between people and companies in disparate locations. As a term 'globalization' has been used as early as 1944 but economists began applying it around 1981. Theodore Levitt is usually credited with its coining through the article he wrote in 1983 for the Harvard Business Review entitled "Globalization of Markets". The more encompassing phenomenon has been perceived in the context of sociological study on a worldwide scale. The concept has been referred to as The shrinking of time and space.
 
The term "globalization" is used to refer to these collective changes as a process, or else as the cause of turbulent change. The distinct uses include:
 
Definitions of globalization are almost all highly subjective, depending on the definers position (Globalization or Anti Globalization view) and experiences.
 
A typical - but restrictive - definition can be taken from the International Monetary Fund, which stresses the growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, free international capital flows, and more rapid and widespread diffusion of technology. Although that definition is more narrowly related to economic globalization, most others appear to agree that globalization is a more extensive civilization concept with diverse economic, political, cultural, and technological aspects that may be closely intertwined.
 
 
Prem
Moderator
Dil Se Desi Group


Roshan Noronha <roshan@sultan-center.com> wrote:
Could Somebody give me a brief on What is Globalization, What are the main aspects of globalisation?  What measures have been taken by the Indian Government to pursue the objectives of globalisation and what aspect has remained neglected?
 
Thanks in Advance....
 
Rosh...



 
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