Recession & globalization by tanvir

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Recession & globalization by tanvir

  1. 1. RECESSION & GLOBALIZATION PRESSENTED BY Tanveer A. Shaikh
  2. 2. RECESSION <ul><li>Started From USA </li></ul><ul><li>USA Houses Were Pledged With The Financial Institutions. </li></ul><ul><li>Many Financial Institutions Went bankrupt </li></ul><ul><li>Entire USA Economy Was In Turmoil & It Went Into Recession </li></ul>
  3. 3. GLOBALIZATION <ul><li>It Is Caused By Three Fundamental Forms Of Capital Movement Throughout The Global Economy. </li></ul><ul><li>Human Capital </li></ul><ul><li>Resource Capital </li></ul><ul><li>Financial Capital </li></ul>
  4. 4. The Other Aspect Of Globalization Is The Revolutionary Change in Technology Particularly In Transport & Communication, Which Ostensibly Creates a Global Village
  5. 5. <ul><li>Globalised World – What Does It Mean? </li></ul><ul><li>Does It Mean That Because Of IT Revolution People Can Be In Touch With Each Other In Any Part Of The World? </li></ul><ul><li>Does It Mean Trade & Economy Of Each Country Is Open In Non-Intrusive Way So That All Varieties Are Available To Consumer of His Choice? </li></ul>
  6. 6. IMPACT OF RECESSION ON MNC’S <ul><li>MNC’S & Indian Industries </li></ul><ul><li>MNC’s & Agriculture </li></ul><ul><li>US Recession : Indian ad Industry Is In No Hurry </li></ul>
  7. 7. Why Recession Happen On MNC’S <ul><li>Short Term Answer : Recession Happened Because Lot Of Money Disappeared When Bad Loans Defaulted </li></ul><ul><li>Long Term Answer: It Happened Because Of Supply Side Economics Lending Creates Money. </li></ul>
  8. 8. How To Know Recession Happens On MNC’S <ul><li>Caused By Events That Hurt Particular Firms Or Industries </li></ul><ul><li>Rise Of Unemployment Rate </li></ul><ul><li>Real Estate Plummet </li></ul>
  9. 9. How To Survive & Come Out Of Recession <ul><li>Pay Off Your High Interest Debts </li></ul><ul><li>Consolidate Those Credit Cards </li></ul><ul><li>Clear Your House Of Unwanted Items </li></ul><ul><li>Re-think Your Saving Plan </li></ul><ul><li>Slow Down Your Spending </li></ul><ul><li>Build Up Emergency Fund </li></ul><ul><li>Last Resort- Compromise On Your Life Style </li></ul>
  10. 10. Cash Is King
  11. 11. Conclusion <ul><li>After discussing various aspect of MNC’S in developing country like India the big question before us is whether MNC’S play positive or negative role in developing countries ? Generally the governments of developing countries don’t keep control on the working of MNC’S. which is major fault on their side. </li></ul>
  12. 12. <ul><li>THANK YOU </li></ul>

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