Guest Lecture

Guest Lecture

Impact of Globalization in Indian Economy by Dr.S.Nakkiran, Ambo University, on September 15, 2016

The global talk on Impact of Globalization in Indian Economy was organized for students of Batch 2016-18 on September 15, 2016. This was facilitated by Dr.S.Nakkiran, Ambo University The session had detailed talk on Open Economy and Closed Economy, Effect of International trade in Indian Economy, Government policy on Globalization, Economy status and Foreign trade policies of Asian superpowers like China, India, Japan, etc. The talk moved from globalization in different country, towards implication of import and export. The second part of the talk described about the economical status of different countries. Africa and Norway has the highest deposits of the resources but are unutilized because of political system. Initially, China had followed closed economy during the period of Mao Zedon, a communist leader. After his period, Deng Xiaoping took over China economy to the next level by following open economy. China is three times powerful than India. India has to change its foreign policy and reduce trade imbalance. Talking on Indian economy, the two main things that control India are terrorism and corruption. The final part of the talk ended with comparing the literacy rate of India (74%) with Japan (99%). Japan has the right economy that offers the citizen with “Lifelong employment”. The main Objective of conducting this program is to educate the student about Globalization, Trading policies, Global Economy. This talk was coordinated by Dr. Nalini, faculty, Managerial Economics

Guest Lecture

Guest Lecture

Guest Lecture

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