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Mintu Butani (04)
Definition
“Globalisation means free movement of
capital, goods, technology, ideas, peoples. any
globalisation that omits the last the last one is
partial and not sustainable.”
- Branko Milanovic
Four parameters of Globalisation
Reduction of trade barriers to permit free flow of
good and services across national frontiers.
Creation of an environment in which free flow of
capital can take place.
Creation of an environment permitting free flow of
technology among the nation states.
Creation of an environment in which free
movement of labour can take place in different
countries of the world.
Challenges face by global industries
Customer satisfaction
Attitude of Indian businessman must change.
Improve the quality of products to international
standards.
Face global competition
GLOBALISATION OF LAW
Effectiveness : the farther globalizing legal norms
and practices are located from core local
cultural institutions and beliefs, the less likely
global norms will provoke explicit contestation
and confrontation. Future research will be
productively directed to where and how global
law originates, how and when global norms and
law are transmitted and enforced, and how
global-local settlements are negotiated.
Globalization

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Globalization

  • 2. Definition “Globalisation means free movement of capital, goods, technology, ideas, peoples. any globalisation that omits the last the last one is partial and not sustainable.” - Branko Milanovic
  • 3.
  • 4.
  • 5. Four parameters of Globalisation Reduction of trade barriers to permit free flow of good and services across national frontiers. Creation of an environment in which free flow of capital can take place. Creation of an environment permitting free flow of technology among the nation states. Creation of an environment in which free movement of labour can take place in different countries of the world.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22. Challenges face by global industries Customer satisfaction Attitude of Indian businessman must change. Improve the quality of products to international standards. Face global competition
  • 23. GLOBALISATION OF LAW Effectiveness : the farther globalizing legal norms and practices are located from core local cultural institutions and beliefs, the less likely global norms will provoke explicit contestation and confrontation. Future research will be productively directed to where and how global law originates, how and when global norms and law are transmitted and enforced, and how global-local settlements are negotiated.