This article provides information about the relationship between globalisation and free trade: Globalisation brought about internationalisation of economic activities, especially with US and UK taking to greater interest in market coordination during 1980s. There was greater emphasis on private enterprise during Ronald Reagan and Margaret Thatcher’s regime in US and UK respectively. During this period,… Continue reading Relationship between Globalisation and Free Trade – Explained!
Category: Globalisation
Globalisation: Understanding the Concept of Globalisation – Explained!
This article provides information about the concept of Globalisation ! Globalisation describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade. The term is most closely associated with the term economic globalisation: the integration of national economies into the international… Continue reading Globalisation: Understanding the Concept of Globalisation – Explained!
Impact of Globalisation on the Condition of Labour in India
This article provides information about the impact of globalisation on the condition of labour in India: Deregulation and privatisation of state enterprises have been key components of structural adjustment programmes introduced by International Financial Institutions as conditionality’s attached to aid packages to developing countries and for the acceleration of economic liberalisation. Labour market deregulation has… Continue reading Impact of Globalisation on the Condition of Labour in India