1. THE MYTH“FINANCIAL GLOBALIZATION HAS ONLY PROMOTED SPECULATION AND RUIN” TO BREAK THIS, HERE COMES MYTH BREAKERS

3. Question: How come?

4. Question: What is the truest definition of Globalization?

5. Answer: An English princess,

6. with an Egyptian lover,

7. crashes in a French tunnel,

8. driving a German car,

9. with a Dutch engine,

10. driven by a Belgian who was drunk,

11. on Scottish whisky,

12. followed closely by Italian Photographers,

13. on Japanese motorcycles;CHECK THIS OUT

15. using Brazilian medicines.

16. This is being told by a British,

17. using Bill Gates' technology,

18. and you're seeing it through a Japanese multimedia projector,

19. that use Taiwanese chips,

20. and a Korean lens,

21. assembled by Bangladeshi workers,

22. in a Singapore plant,

23. This is being told in front of Professors,

24. Educated in USA, UK, Japan, France, & India

25. That, my friends, is GlobalizationGLOBALIZATION

26. INDIAN ECONOMY HISTORY.

28. License Raj in application

31. under utilization of capacity

32. excessive inventories

33. poor management of materials

34. obsolete technology

35. inadequate maintenance

37. INDIA RANKED 13TH IN GLOBAL LIST OF FDI WHILE THE WESTERN ECONOMIES STRUGGLED INDIA BENEFITTED FROM THEIR SHORTFALLS.

39. At least three major financial scandals

40. Assassination of 2 prime ministers

41. At least 3 recessionary periods

42. 10 different governments and

44. Example

46. ADVANTAGES OF FDI IMPROVED CAPITAL FLOW. INCREASED CAPITAL FLOW. MANAGEMENT EXPERTISE. ACCESS TO INTERNATIONAL MARKETS.

47. FDI IN MAJOR SECTORS IN INDIA FINANCIAL SECTOR. INSURANCE AND TELECOMMUNICATION. HOSPITALITY AND TOURISM. PHARMASEUTICALS. SOFTWARE AND I.T.

48. MODES Of FDI BY TARGET. BY MOTIVES. BY DIRECTION.

49. INDIA RANKS HIGH IN FII PRIORITY LIST INDIAN ECONOMY IS LESS EXPORT-ORIENTED AND THIS PLACES IT IN A STRONGER POSITION THAN CHINA

51. LABOUR FORCE.

52. RETURN ON INVESTMENTS.

53. SECOND LARGEST GROUP OF SOFTWARE DEVELOPERS AFTER U.S.

54. BOMBAY STOCK EXCHANGE.

55. ECONOMY.