This document discusses globalization and India's role in it. It covers several key topics:
1. It examines India's widespread poverty and periodic ethnic/religious strife in the context of globalization.
2. It argues that India and China are so important because globalization has led to increased economic and cultural interconnections between countries on a global scale.
3. It presents the basic view that technological advances, increased trade and commerce, and greater movement of people and ideas have compressed time and space and made national boundaries more permeable in a globalized world.
Modernisation and Dependency theory 33 mark planSapphoWebb
Here is an interactive plan for lesson use borrowed from my teacher for here. It includes paragraphs and ideas to put in them.
For more revision material visit revise-sociology-aqa.tumblr.com
Presentation on Modernization Theory for PS 212 Culture and Politics in the Third World at the University of Kentucky, Summer 2007. Dr. Christopher S. Rice, Instructor.
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One Young World is a global initiative to bring together the brightest and best of the next generation – in the virtual and in the real world – to discuss, deliberate and undertake the most critical and compelling issues of our times. 1500 delegates born between 1984-1986. 192 countries selection by proportional representation
3 day summit in London on February 8-10th 2010
1 social network for young leaders to engage and take action
get to know more about globalization
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
Modernisation and Dependency theory 33 mark planSapphoWebb
Here is an interactive plan for lesson use borrowed from my teacher for here. It includes paragraphs and ideas to put in them.
For more revision material visit revise-sociology-aqa.tumblr.com
Presentation on Modernization Theory for PS 212 Culture and Politics in the Third World at the University of Kentucky, Summer 2007. Dr. Christopher S. Rice, Instructor.
Scenarios, Black Swans, and AssumptionsRichard Lum
Presentation in April 2015 to the Asia Pacific Center for Security Studies about applying a futures perspective to anticipating the futures of conflict in the Asia-Pacific region.
One Young World is a global initiative to bring together the brightest and best of the next generation – in the virtual and in the real world – to discuss, deliberate and undertake the most critical and compelling issues of our times. 1500 delegates born between 1984-1986. 192 countries selection by proportional representation
3 day summit in London on February 8-10th 2010
1 social network for young leaders to engage and take action
get to know more about globalization
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
How do you know what your future market will look like? How can your business model adapt? And how can it help your business? Explore these questions using Horizons, a practical tool to help identify and think through the big environmental and social trends and issues.
Policy Uses of Well-being and Sustainable Development Indicators in Latin Ame...StatsCommunications
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Here is a detailed overview about all the things companies should consider if they choose to enter Asian market.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
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The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
2. Video: Emerging Powers: India
• What did you find informative
about this film?
• What is the basic argument that
the film presents about India and
about globalization?
• How does the film interpret such
things as India’s widespread
poverty and its periodic flare-ups
of ethnic and religious strife?
• Why are India and China so
important?
3. “Globalization in its current phase has
been described as an unprecedented
compression of time and space
reflected in the tremendous
intensification of social, political,
economic, and cultural
interconnections and
interdependencies on a global scale.”
Stegler, p. ix
• time-space compression
• deterritorialization and supraterritoriality
4. One way to
approach this: think
about the world
before globalization
• Distance mattered—space often measured in
time
• Territorial boundaries more or less kept
things in and out
• Society and culture had spatial referents
• Everything had its “place” (literally)
5. In a world of deterritorialization and
supraterritoriality:
•Distance becomes almost irrelevant (the end of
distance)
•Boundaries are increasingly permeable.
•Groups and cultures increasingly don’t have a
territorial basis
•A new kind of non-physical “place” is emerging
6. Bosworth and Gordon: A survey of
some key processes of globalization
• Technological advances
• Expansion of international commerce (exports
and imports)
• Rising importance of private capital flows
(stock markets and multinational corporations)
• Increasing travel and migration (international
tourism and domestic diversity)
• Increased communication and interaction
between peoples (through all sorts of media)
7. Bosworth and Gordon also point to some of the
key public controversies over globalization:
What are they?
“Can globalization be harnessed so that all citizens
and countries benefit and not just the lucky few?”
8. Frank Lechner: Empirical Debates
1. Process vs. Project
2. New Era vs. Nothing New (Globabaloney)
3. Hard vs. Soft
4. End vs. Revival of Nation State
5. Cultural Sameness vs. Difference
9. Amartya Sen: How to Judge
Globalization (Normatively)
1. 1. Is globalization
Westernization? Is it a threat
to non-western societies?
2. What is the right question to
ask about globalization and
the poor?
3. What are the “legitimate”
questions that “anti-globalization”
protestors ask?
10. “Our global civilization is a world
heritage... The idea of an immaculate
Western conception is an imaginative
fantasy.”
“Globalization has much to offer, but even
as we defend it, we must also, without
any contradiction, see the legitimacy of
many questions that the antiglobalization
protestors ask.”
“The world powers bear an awesome
responsibility for helping in the
subversion of democracy in Africa and ofr
all the far-reaching negative
consequences of that subversion.”
11. “Over the past decade globalization has
been driven by technological
advances…..But globalization has also
been driven by policies and ideas…”
Bosworth & Gordon
Next time: globalization as a neoliberal
project
12. PPeerrffoorrmmaannccee ooff aaccqquuiissiittiioonnss
We used an event study methodology
► Sample - Indian companies had cross- border acquisitions
during 2002-2006.
►224 transactions: 127 different companies from 33 industries.
► We used BSE-500 (represents nearly 93% of the total market capitalization
on Bombay Stock Exchange Limited) as the market index for the
calculations.
Calculating CAR
►Used the following formula to calculate the abnormal returns -
^
^
ARit = Rit - i - i Rmt, (t = -7 to t= +7)
►The CAR was calculated using the following formula -
Copyright NUS Business School 2008
α
β
t = +7
CARi =å
t = -7
ARit
13. Copyright NUS Business School 2008
SSuummmmaarryy
Acquisitions a prominent part of OFDI from India
► Good distribution across industries and regions
► Achieving an increased prominence, strong growth
► Important component to OFDI and strategy of MNCS from India
Strategy and performance
► Performance strong on an absolute and a comparative basis
► Several market expansion motives related to good performance
► Market clearly rewarding international expansion strategy of
Indian firms
► Need comparative analysis to other modes
► Need deeper analysis of strategy and performance of acquisitions
Editor's Notes
The fact there are winners and losers, and societies vary in how much they compensate the losers
Continuing poverty: ¼ world’s population below $1 a day; around ½ below $2 a day (has declined since article, mainly because of China and SE Asia and to some degree India)
Gap between rich and poor countries has widened. And inequality within most countries has risen with globalization.
Environmental concerns and conflict over global governance
Open borders and their effects (money laundering, terrorism, disease, drugs, sex trafficking)
Discuss distinction between empirical and normative debates. Leaving out #3, because it is explicitly normative, which leaves five.
