This is a Powerpoint Presentation on Globalization and Outsorcing . It includes Acknowledgement, meaning of globalization, impact on agriculture,impact on politics. impact of globaliazation on Indian Economy.
This presentation is made by Nikhil Gupta (nikhilgupta1998@yahoo.in)
2. I would like to express my special thanks of gratitude to my teacher
( Mrs. Anandita Chakravarty )
&
( Mrs. Rakhi Pahwa)
as well as our principal
( Mrs. Asha Katyal )
who gave me the golden opportunity to do this wonderful project on the topic
( Globalization & Outsourcing )
which also helped me in doing a lot of Research and I came to know about so
many
new things . I am really thankful to them.
Secondly I would also like to thank my parents and friends who helped me a lot
in finalizing this project within the limited time frame.
3. What is Globalization ?
Globalization (or
globalisation) is the
process of international
integration arising from the
interchange of world views,
products, ideas, and other
aspects of culture.
Advances in transportation
and telecommunications
infrastructure, including the
rise of the telegraph and its
posterity the Internet, are
major factors in
globalization, generating
further interdependence of
economic and cultural
activities.
4. Why Globalization ?
Globalization – A “smaller world”
People are closer together
A world closer in time and space
A world without borders
Goods, services and ideas move faster or instantly.
Driven by technology
Transportation – Shipping, Containerization Air travel
Communication – Television, the Internet
5. MERITS OF GLOBALISATION
•There is an International market for
companies and for consumers there is a wider
range of products to choose from.
•Increase in flow of investments from
developed countries to developing countries,
which can be used for economic
reconstruction.
•Greater and faster flow of information
between countries and greater cultural
interaction has helped to overcome cultural
barriers.
•Technological development has resulted in
reverse brain drain in developing countries.
6. DEMERITS OF
GLOBALISATION
•The outsourcing of jobs
to developing countries
has resulted in loss of
jobs in developed countries.
•There is a greater threat
of spread of communicable
diseases.
•There is an underlying threat of multinational corporation with
immense power ruling the globe.
•For smaller developing nations at the receiving end, it could
indirectly lead to a subtle form of colonization.
7. WHAT IS OUTSOURCING ?
In Business, Outsourcing Is The Contracting Out
Of A Business Process To A Third-party. The Term
"Outsourcing" Became Popular In The United
States Near The Turn Of The 21st Century.
Outsourcing Sometimes Involves Transferring
Employees And Assets From One Firm To Another,
But Not Always. Outsourcing Is Also Used To
Describe The Practice Of Handing Over Control Of
Public Services To For-profit Corporations.
Outsourcing Includes Both Foreign And Domestic
Contracting, And Sometimes Includes Off shoring
Or Relocating A Business Function To Another
Country.[ Financial Savings From Lower
International Labour Rates Is A Big Motivation For
Outsourcing/Off shoring.
9. GLOBALISATION
Globalization refers to increases the
movement of all economic aspects
cutting across
boundaries of native states aiming at the
integration
of the Domestic economy with Global
economy.
10. Globalization is not a new phenomenon. It began
towards the end of the nineteenth century, but it slowed
down during the period from the start of the First World
War, suffered from great depression and until the end of
Second World War. This slowdown can be attributed to
the inward-looking policies pursued by a number of
countries in order to protect their respective industries...
however, the pace of globalization picked up rapidly
during the fourth quarter of the twentieth century.
12. GROWTH OF AGRICULTURE
Growth rate in Agriculture(%)
Pre – reform
period 19801990
Post reform period 19962006
a. Agriculture
3.6
2.6
b. Forestry
4.2
2.5
c. Fishing
0.1
0.5
a. Food grains
2.9
1.5
b. Cereals
3.1
1.8
c. Rice
3.7
2.0
d. Wheat
3.6
3.6
0
-1.1
f. Pulses
1.4
0.5
g. Non food grains
4.3
2.0
Crop
Crop
e. Coors cereals
13. IMPACT OF GLOBALIZATION
ON AGRICULTURE IN INDIA
• Agriculture acquired 17% of India’s GDP in 2008.
• 60% of population still depends on agriculture
for their livelihood.
• Occupied 43% of India’s geographical areas.
• Agriculture Scientists are applying new
technologies and instruments in growing crops.
• Different state governments of India are taking
initiative to literate the farmers.
14. Globalization affects agricultural sector as
crop imports could be traded at cheaper
prices,
and could be exchange for another
commodity because of the free trade.
15. Strategies
• Mobilization of the small farmers for regional campaigns.
• Establishing a Mechanism, to challenge the MNC’s
• Having deliberations with bankers and Industrialists in order
to consult them with NGO’s
• Setting goals with specified objectives so that they reach
the grass root level of the rural societies.
• Keeping gender balance
• Forming net work among leaders in various levels with
solidarity and commitment
• Creating common understanding and purpose among the
people in all the sectors of society
16. Growth rate in agriculture
Five year plan
Growth rate in
GDP of
agriculture and
allied activities
Growth rate in
overall GDP
1.Seventh plan
3.2
6.0
2.Annual plan
1.3
3.5
3.Eight plan
4.7
6.7
4.Ninth plan
2.1
5.5
5.Tenth plan
2.3
7.6
6.Eleventh plan
2.7
9.0
17. CONCLUSION
• Market-demand research in the importing countries
has to be strengthened and protection could be
planned accordingly in terms of quantity and
quality.
• Long-term price trends favor fishery, livestock,
traditional products, and agriculture is to have a
second Green Revolution. In essence, the second
Green Revolution will keep the world green and
save if from becoming a dreary desert.
• Government must introduce rigorous measures to
end corruption in check posts and reduce taxes on
transport firms to reduce cost of movement.
20. Impact on Government
Globalization affects the size and composition
of government expenditures.
The globalization process has led to a growing
interdependence of fiscal policies affecting
inter alia, the composition of government
expenditures.
Globalization will affect government’s ability to
continue providing the social protection at the
level of the past decades.
21. Of the factors influencing the duration of economic growth in both developed
and developing countries, income equality has a more beneficial impact than
trade openness, sound political institutions, and foreign investment.
22. Impact on Politics
In general,
globalization may
ultimately reduce the
importance of nation
states. Supranational
institutions such as
the European Union,
the WTO, the G8 or
the International
Criminal Court
replace or extend
national functions to
facilitate international
agreement
26. GLOBAL CIVIL SOCIETY
Idea of civil society, “We the people,” dates back to Preamble of the
Constitution, US First Amendment’s freedom of association and
findings of Alexis de Tocqueville in “Democracy in America.”
Civil society can be a bowling league, a PTA a Rotary or Optimists
Club or it can be as large as the Red Cross, with international and
national components.
Civil society is often described as the “Third” or “Independent
Sector” after the Government and the Market Economy.
Civil society organizations (CSOs) are usually associated with
nonprofit (with a capacity to receive non-taxable donations) or Nongovernmental Organizations (NGOs, usually operating
internationally).
Global Civil Society operates independently of both government
and inter-governmental organizations, but is closely involved with
both of them.
CSOs are often identified as “interest groups” or even “pressure
groups” for the role they play in lobbying governments and IGOs on
issues of concern.
27.
The decentralisation is evident in the installations
of the constitutionally approved third tier of the local
government. A decentralisation of powers might also
be necessary to accommodate the active
participation of the voluntary and non-governmental
organisations.
28. Globalization as Friend
Rapid Economic Growth
More of Investment
More of Employment
Increase in the Efficiency of Domestic
companies.
The Government becomes more efficient.
New Inventions and Discoveries.
New Inventions and Discoveries.
Strengthening of Democracy.
Cultural linkage.
29. Globalization as Foe
Exploitation of Underdeveloped Countries.
Increase in Unemployment.
Widening of Rich-poor Gap.
Harmful Effects of Consumerism.
Adverse Effects on Social Security and Social Welfare.
Harmful Effects on Small Industries and Small Business.
Cultural Homogenization.
Hostile to Humanism.
Erosion of Democracy.
Destructive of Environment.