The document discusses various topics related to globalization including definitions, processes, impacts, and key organizations. It defines globalization as the integration of economies and societies through communication, transportation, and trade. Key impacts discussed include greater access to markets and technologies stimulating growth, as well as concerns about outsourcing jobs and cultural influences. Major international organizations that guide globalization discussed include the IMF, World Bank, WTO, and multinational corporations.

2. M-4104 Abhijit
M-4105 Apeksha
M-4134 Prabhakar
M-4135 Palvi
M-4136 Arundhati
M-4137 Sonali
M-4139 Sania
M-4143 Neha

3. Globalization is the process of interlinking the national
economy with the world economy.
It is a process by which regional economies, societies, and
cultures have become integrated through a global network of
communication, transportation, and trade.

4. The term is sometimes used to refer specifically to
economic globalization: the integration of national
economies into the international economy through
trade, foreign direct investment, capital flows, migration, and
the spread of technology.
Globalization aims at expanding business from
domestic/local level to global level.
The purpose of globalization is to exploit global
opportunities for local growth.

5. The process of globalization gained momentum in INDIA
since 1991.
This is because in 1991 ,the government introduced new
industrial policy (nip) 1991, which introduced a number of
reforms in respect of liberalization,privatisation and
globalization.

6. Globalization has closely intertwined
economic, political, cultural and institutional dimensions
whose social impact is often not easy to disentangle.
Some of these processes are driven by the logic of new
technologies or market forces which are difficult to
control, while others may be more amenable to
management.
As a result of greater access to markets, new technologies
and new ways of doing business, many aspects of
globalization have stimulated growth and prosperity and
expanded possibilities for millions of people all over the
world

7. The actual experience of globalization has, to a great
degree, varied with the level of development at which a
country has engaged with it.
The degree and nature of participation of different
categories of countries in global markets varies substantially.
Although globalization raises particular concern for
developing countries, apprehensions regarding it abound
and have been vocally expressed even in developed
countries.
The experience of countries with economies in transition
has been mixed.

8. Industrial: emergence of worldwide production markets and
broader access to a range of foreign products for consumers
and companies.
Financial: emergence of worldwide financial markets and
better access to external financing for borrowers.
Economic: the interconnectedness of these
markets, however, meant that an economic collapse in any
one given country could not be contained.

9. Political: some use "globalization" to mean the creation of a
world government which regulates the relationships among
governments
Informational: increase in information flows between
geographically remote locations.
Ecological: the advent of global environmental challenges
that might be solved with international cooperation

10. Developed nations have outsourced
Exploitation of labour
Job insecurity
Sophisticated weapons enhancing their ability
Bad aspects of foreign cultures
Taken over
Reduced the government’s ability

14. As a new Indian middle class has developed
around the wealth that the IT and BPO
industries have brought to the country, a new
consumer base has developed.
Globalization in India has been
advantageous for companies that have
ventured in the Indian market.
Indian companies are rapidly gaining
confidence and are themselves now major
players in globalization through international
expansion.

16. Definition
Objective
Headquarters
Created in July 1944
Originally with 45 members
Today IMF describes itself as "an organization of 186
countries (as of June 29, 2009)
Member states are represented on a 24-member
Executive Board

17. The IMF Charter Originally Established Adjustable Par Values
for the Currencies of Member Countries.
 The IMF charter originally set up a system of fixed exchange
rates
 All members declared a "par value" in terms of the dollar
 The system has been referred to as a gold exchange standard.
 The founders believed this system would impose monetary
discipline on member countries.
 Today the IMF charter implicitly endorses a system of floating
exchange rates— rates governed primarily by market forces of
supply and demand.

18. The IMF’s "Lending" Facilities Help Member Countries
Make Adjustments to Restore Balance of Payments
Equilibrium.
 The founders built flexibility into the system in various
ways.
 One important aspect of flexibility
 The primary method for gaining resources is through
the member’s quota subscriptions
 Although the IMF’s assistance is usually referred to as
"lending" or "loans," a member country actually
"purchases" SDRs
 Reserve tranche
 Letter of Intent

20. Low-Income Countries
Middle-Income Countries

21. Secure long-term funding
Give advisory services
Create the right policy and institutional framework
Address weaknesses in the social, structural, and
sectoral policies.

22. In next 25 years, the population of the entire
world would go up by 2 billion to a figure of 8
billion people.
In 2008, more than 47% of the global population
lived in urban areas. By 2020, 4.1 billion, or 55%
would be living in urban areas.

23. The World Bank is now aiming at maintaining parity
in education and is also aiming at achieving the
gender equality goals.
We all must work towards building up a commitment
towards global poverty reduction.
After all, the benefits of globalization should be
harnessed for delivering prosperity to the nations.

24. Foreign capital has not only play key role in the
economic development of India but also of Foreign
Direct Investment.
In economic development not only as an addition to
domestic capital but also as an important source of
technology and global best practices.
FDI has always played a major role in the economic
development of developing nations

25. Global development finance report net private
capital flows to developing countries reaches a
record $647 billions in 2006.
8% of that capital flowed to poorest 51
countries.
government needs to focus on the real
barriers to its foreign investment goals.
The value of foreign trade has increased
substantially with increase in both exports
from and imports into India.

26. The government had announced, in April 2000-
• The establishment of Special Economic Zones (SEZ)
policy
• To boost exports and attract foreign investments.
In the financial sector it is required that public policy should
be focused on maximizing benefits achieved by the growing
involvement of foreign firms
by encouraging diversity and competition not only between
foreign and domestic banks but also between banks and
financial institutions.

27. It is the only international organization dealing with the global rules of
trade between nations.
It was formed in the year 1995.
The main goal of WTO is to help the trading
industry to become smooth, fair, free and predictable.
It was organized to become the administrator of multilateral trade and
business agreements between its member nations.
The scope and future of the WTO are limited by the
vision, imagination, courage, and conscience of the trade community.

28. In board terms, its role is two fold, first with establishment of
international trade in both goods and services.
And second, to progressively liberalize that trade, presently
valued at close to eight thousand billion dollars every year.
The WTO represents the rules-based regime of the policy of
economic globalization .
WTO also tries to resolve trade
disputes between member nations.

29. A multinational corporation (MNC)
or transnational corporation (TNC), also
called multinational enterprise (MNE).
It can also be referred as an international
corporation. The International Labour
Organization (ILO) has defined an MNC
as a corporation that has its management
headquarters in one country, known as the home
country, and operates in several other
countries, known as host countries.
Its has play an important role in globalization.

30. Gives foreign currency to the nation.
Competes with local market to improve it.
Provide employment opportunities to the unemployed.
Bring India to the international market status.
Give the people high quality goods
and at cheaper rate.
Provides and efficient means of
integrating national economies

31. Investors purchase stocks of a number of
companies with the objective not to gain
management control, but to construct an
investment portfolio.
Some examples of portfolio investment are:
Purchase of shares in a foreign company.

32. Purchase of bonds issued by a foreign
government.
Acquisition of assets in a foreign country.
Purchase of stocks in a foreign company

33. Factors affecting international portfolio investment:
tax rates on interest or dividends
interest rates
exchange rates

34. #Purposes
#Investors
#Risks