state borders it is no surprise to see millions of companies operating globally in all sorts of different economic sectors. Emerging nations such as China and India have also allowed companies to reduce production costs and target wider developing consumers. With these opportunities and with many of the other opportunities surrounding globalisation economics now look at the economy on a global scale as opposed to a national scale which has led to conflicting perspectives on the use of the nation-state
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The drawbacks of Globalisation There are several problems with globalisation. This can be illustrated by the creation of multi-national companies; developed countries can stifle development of undeveloped and under-developed countries. For instance‚ the European Union offer subsidies to farmers across Europe‚ which allows European farmers to have increased yields. So for a country like Kenya‚ they cannot export or sell agricultural goods as well as they could have. This economical factor puts
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Chaos in the skies - the airline industry pre and post 9/11 Case Study Chaos in the skies- the airline industry pre and post 9/11 1. Introduction The terrorist attack on the New York World Trade Center and the Pentagon on September 11‚ 2001‚ when civilian planes were turned into guided missiles flown by suicide bombers driven by religious fundamentalism and hatred for the United States not only seared themselves into the consciousness of the American people‚ but into the economic and business
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India ’s population is in peril. Without the implementation of stringent‚ effective population management policies‚ the country ’s population will rise above 2 billion within the next 20 years (www.fpaindia.com). In the absence of control programs‚ India ’s ever growing population will lead to increased incidents of famine‚ disease‚ environmental stress and result in a severe shortage of housing facilities. However‚ if the Indian government quickly administers population regulations so that couples
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People argue that globalisation increases demand for natural resources that are integral to the ecological systems that sustain life on the planet…Glob creates incentives for excessive use of resources and disregard for their true ecological value‚ resulting in problems like increased greenhouse emissions and deforestation. The process undermines traditional values and attitudes that have helped preserve the natural environment throughout history‚ and propagates an increasingly consumerist culture
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Globalisation has changed the world and its economy through-out the last 30 years (after WWII). The concept of globalisation has altered not only the economy but also society‚ by sharing limitless goods; information; technologies; materials; resources; services…etc. Trading has improved and enhanced society in each country’s economy‚ therefore the world has been continuing this‚ up ‘til now. How fast globalisation have been rising and spreading has gradually affected the environment rigorously. The
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UNIT 2 EVOLUTION OF INDUSTRIAL RELATIONS AND CURRENT DEVELOPMENTS Objectives After going through this unit‚ you should be able to: l l explain the historical perspective of industrial relations in India; appreciate the impact of globalisation‚ technological changes‚ and other forces on industrial relations; identify the issues and challenges confronting industrial relations in India. l Structure 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 Introduction Industrial Relations in India Government’s Role Current
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“IMPACT OF GLOBALISATION ON EDUCATION SYSTEM IN INDIA” DEEPIKA PARASHAR GUEST LECTURER DEPTT. OF POL.SC & PUBLIC ADMN. DR.H.S.G.V.V‚SAGAR deepikaparashar2008@gmail.com | | The word Globalisation is a catch phrase
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While the United States was undergoing its post-Civil War political revolution‚ Americans were experiencing technological‚ cultural‚ and economic changes that brought the country into the modern age. After the Civil War‚ American industry changed dramatically. Machines replaced hand labor as the main means of manufacturing‚ largely increasing the production capacity. A new nationwide network of railways distributed goods far and wide. Inventors developed new products the public wanted‚ and businesses
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Chapter – VIII GLOBALISATION AND INDIAN SMALL SCALE INDUSTRIAL SECTOR Globalisation means gradual integration of economies through free movement of goods‚ services and capital which has significant impact on the economies of both developed and developing countries. Therefore‚ globalisation refers to a process of growing economic interdependence among different countries of the world. Thus‚ in the globalised era‚ the whole world is changing into a global village in the sense that economic activities
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