GLOBALISATION AND LIFE INSURANCE Dr. H. Sadhak Director‚ Management Development Center Life Insurance Corporation of India A. Globalisation & Liberalisation Globalisation‚ according to Penguin Dictionary of Economics‚ “Stresses the geographical dispersion of industrial and service activities (for example research and development‚ sourcing of inputs‚ production‚ distribution) and the cross boarder networking of companies (for example through joint ventures and the sharing of assets”. According
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Argument 1: Globalisation or ‘Gobble-isation’ - Globalization: to extend to other or all parts of the globe; make worldwide. - Eg. Africa‚ a third world country due to anti-globalization - Evident that globalization is inevitable‚ thus we cope with it to survive - The meaning‚ extend to other parts of the globe‚ means competition with other countries - Run by the bigger companies and influential people in the world‚ we as common people cannot make a known difference.
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International Business and Globalisation 1 Globalisation Defined 3 Historical Routes 4 The Internet 6 Influences 6 The Influence of Oil 6 The Influence of Labour 7 Local market conditions 8 The success of McDonald’s 8 Globalization causes Homogenisation? 9 Globalisation and Global Warming 10 Current Trends and the Future 10 Is Globalisation Good or Bad? 13 Bibliography 15 Globalisation Defined By its nature Globalisation spans a multitude of disciplines
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state have played a part in moulding Ireland’s employment relations model in recent decades and whether or not I favour the ‘globalists’ or ‘sceptics’ view on just how great there influence has been . Firstly I need to establish what globalisation is. Globalisation connotes the stretching and intensification of social‚ economic and political relations across continents (Held et all‚ 1999). Capital is the first actor which I am going to look at. In the early 1950s Ireland was a closed economy.
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the theme of globalisation and its many forms. From the emancipatory scenario to the doomsday picture – nothing has been left out of imagination. Initially writers wrote of fast flowing capital‚ newer forms of assemblages‚ refined versions of neoFordism‚ etc. Sociologists were not behind in these imaginations. Themes of global identity‚ placelessness‚ rootlessness‚ migration and formation of new diasporas‚ marked these writings. Then came the phase of writings on “subaltern globalisation” with focus
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The Impact of Globalisation Globalisation is the growth of a business/country by expanding around the world. Globalisation affects everyone in a broader sense; however when discussing globalisation it is usually in regard to either developed countries (which are countries with a highly developed economy‚ have a high amount of GDP per capita‚ have advanced technological infrastructure and a high HDI.) or developing/third-world countries (which are countries with a lower living standard‚ underdeveloped
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Globalisation is Westernisation Globalisation is Westernisation‚ and aspects of ‘the West’ can be found all around the world today – from the consumer culture of Western capitalism (with cultural icons such as McDonald’s‚ Coca-Cola‚ Levi Jeans and Starbucks)‚ the spread of European languages (such as English)‚ styles of dress‚ eating habits and TV viewing habits (Tomlinson‚ 2002). Tomlinson (2002) notes that globalisation is “the rapidly developing process of complex interconnections between
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more economic definition‚ the term "Globalisation" describes the increased mobility of goods‚ services‚ labour‚ technology and capital throughout the world. The advantages and disadvantages of globalisation have been debated and studied heavily in recent years. Some economists of globalisation say that it helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances. Critics of globalisation say that it weakens national sovereignty
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To what extent does Martell’s concept of globalisation apply to Facebook? Facebook has undergone through multiple globalisation processes that have been particular identifiable over the recent decades. Facebook has reached over 800 million users worldwide since 2004 (Fowler 2010)‚ and since then‚ many forms of corporate investment‚ multinational advertisement companies‚ and the endorsement of international political deregulation has shaped and expanded what was first a national based phenomenon
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GLOBALISATION – The world today has been described as a ‘global village’‚ this stems from Marshall Mc Luhan’s concept that ‘the globe has been contracted into a village by electric technology and the instantaneous movement of information from every quarter to every point at the same time’. Mc Luhan has only described one aspect of how the world has become a global village. A closer examination of globalisation will indicate that indeed the barriers of space‚ time and borders which once existed
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