Globalizations effect on the Indian Economy

Globalizations effect on the Indian Economy Globalization has been a historical process with ebbs and flows. Growth of globalization was mainly led by the technological forces in the fields of transport and communication. There were fewer barriers to flow of trade and people across the geographical boundaries. Indeed there were no passports and visa requirements and very few non-tariff barriers and restrictions on fund flows. India too is no exception to globalization. The Indian Economy witnessed major changes in the 90s.The main aim was the rapid growth of Indian economy to make it globally competitive. The Indian economy was in major crisis in 1991 when foreign currency reserves went down to $1 billion inflation was as high as 17%. Due to globalization, in Indian economy it affect not only to agricultural production but also employment opportunities in the rural parts, inequality between urban rural areas. Globalisation is conceived as a powerful transformative force responsible for a massive shake-out of nations, economies, international institutions the whole world order. Thus, we can say that the higher the level of international corporations/transactions, the higher will be economic growth, income level living standards the globalization process would bring. Globalisation has brought many jobs large sums of investment to India. Indias economy has been growing at exceptional rates for the past several years many new opportunities have opened up for India. Yet, India does remain quite poor. Most of those who profit from globalization in India are the upper classes, with many in the lower classes being displaced suffering from miserable labor conditions. Globalization has created a large economic boom fo r India with largely positive effects. At the present, we can also say about the tale of two Indians. We have the best of times; we have the worst of times. Globalization of financial markets has far outpaced the integration of product markets. There is sparkling prosperity, there is stinking poverty. We have dazzling five star hotels side by side with darkened ill-starred hovels. We have everything by globalization, we have noting by globalization. There are numerous advantages in the shift to a global economy including the possibility to increase benefits from economies of scale. The breaking down of global barriers allows companies to benefit from the largest cheapest workforces, raw material, technology. Due to globalization, in many areas of the country tomato growers, potato growers fruit growers, farmers benefited from tie-up collaborations with ketchup, potato chips, fruit juices etc. Fishermen in Kerala have increased their incomes using mobile phones to find out the best markets where the prices are highest on each day. Lock outs strikes have declined to insignificantly low levels because industrial labor is happy. Due to Globalization the business market in the world has no boundaries; they can market their products in any part of the world. This has involved the chances of laying hands on global market technologies, which would definitely increase our qualities of living standards. Globalization helps Indian En trepreneur to know more about the competitors, recent trends, Quality of products. Helps in sourcing new technology for improving their Brand Quality. Hiring competent person irrespective of the nationality. Good exposure of Indian brands to overseas market. Due to increase in healthy competition with other brands, Indian brands will be forced to improve their quality and services to the customer. It aims at increasing the production of food and improvements of the economic and social condition of farmers. It would increase efficiency of the workers. Use of seeds and heavy machines has help to increase agricultural productivity. It would improve animal husbandries would be able to import good breed of animals from the other countries. Farmers will get the privilege of the international market through export agricultural products. The various beneficial effects of globalization in Indian Industry are that it brought in huge amounts of foreign investments into the industry especially in the BPO, pharmaceutical, petroleum, and manufacturing industries. As huge amounts of foreign direct investments were coming to the Indian Industry, they boosted the Indian economy quite significantly. The benefits of the effects of globalization in the Indian Industry are that many foreign companies set up industries in India, especially in the pharmaceutical, BPO, petroleum, manufacturing, and chemical sectors and this helped to provide employment to many people in the country. This helped reduce the level of unemployment and poverty in the country. Also the benefit of the Effects of Globalization on Indian Industry are that the foreign companies brought in highly advanced technology with them and this helped to make the Indian Industry more technologically advanced. Since 1991, India has witnessed an explosion of new media. Be tween 1990 and 1999, access to television grew from 10% of the urban population to 75% of the urban population. Cable television and foreign movies became widely available for the first time. 1) Indian Agriculture: Indian farmers are offered no subsidiaries compared to the US Farmers. There has been no encouragement from the government to ensure foreign companies to set up technologies for the farmers assistance. The US Farmers has opened the market for textile China has already set up factories started production where in India hasnt woken up. On the other side of the medal, there is along list of the worst of the time, the foremost casualty being the agriculture sector. Agriculture has been still remains the backbone of the Indian economy. It plays a vital role not only in providing food nutrition to the people, but also in the supply of raw materials to industries to export trade. The financial capital of India the political of India are set to become the topmost slum cities of the world. 2) Gross Domestic Product (GDP) Growth rate: The Indian economy is passing through a difficult phase caused by several unfavorable domestic external developments, Domestic O/P DD conditions were adversely affected by poor performance in agriculture in the post two years. The rate of growth of GDP of India has been on the increase from 5.6% to 7% in the 1993-2001 periods. The sectors attracting highest FDI inflows are electrical equipments including Computer software electronics (18 %), service sector (13%), telecommunication (10%), transportation industry (9%) etc. 3) Export Import: Indias export import is increasing many Indian companies have started becoming respectable players in international scenes. There are two alternative causes available. To sell its product in the export market. To produce those type of commodities that the rich in India could consume i.e. luxury consumption goods. 4) Technologies: IT is given special status. The reason for this is because the Indian government wants to promote it-s nation a as a technological advanced nation and in order to do this they must stimulate the IT sector. The special status- means the sector and investors (willing to invest in the sector) will receive many benefits and incentives from the government to do so. 5) Poverty: The government of India has shown decline in people living in absolute poverty by manipulating statistics. The decline happened when large number of industrial units has been closed down, number of days of work available to workers has declined, downsizing of manpower had taken place in most of the industrial undertakings and non-availability of jobs to the new entrant in employment market is witnessed. Besides, there is an all round decline of prices of agricultural products, forcing farmers to suicide. In sectors like plantation and tea, workers are virtually starving. It is just not possible that people living in absolute poverty can decline in the country under these circumstances. 6) Education: The growth of higher education and the impact of the global economies have influenced the Indian education system over the last few years.

Feminist Analysis Death of a Salesman Essay

What’s great about this play is gives us insight into the past and focuses on an average family and provides lots of material to do a feminist analysis of. The most prominent woman figure in this play is Linda, but the male characters in this play also give us insight into women’s roles and help feed the feminist analyses To get us started, how do the roles and identities of women in this play compare to that of the male figures? Objectivity of women Biff and Happy Quotes -â€Å"Take those two we had tonight, now weren’t they gorgeous creatures?† -â€Å"it gets like bowling, I just keep knockin’ them over and it doesn’t mean anything† -â€Å"a girl, y’know, they always believe what you tell ‘em† (27) -Biff was seen as successful in Willy’s eyes when he made the girls swoon in high school -Could this be influenced by Willy and their upbringing or are they just a product of their time? -They see women as achievements: When Biff and Happy are talking Happy says how he’s not happy currently because he wants â€Å"his own apartment, a car, and plenty of women† (23) Women Don’t Have Identities -â€Å"The Woman† that Willy has an affair with doesn’t have a name, she’s always laughing and really sexual. He slaps her butt ad she laughs and thanks him for the stockings. She picked him because he was â€Å"sweet† and â€Å"such a kidder†. She says â€Å"I’ll put you right through to the buyers?† SLEEZE. -They see their mother as the epitome of what a woman should be – The only interaction Linda has with other woman is calling them whores, after Biff and Happy leave Willy at the restaurant and she’s angry says â€Å"did you have to go to women tonight? You and your lousy rotten whores!† Linda What do you guys think about the character development of Linda throughout the play? Do you think she is an example of a strong or weak woman? She knows that Willy is suicidal, tries to protect him from other people, and does not lose her temper with him when he acts horribly towards her -We never know more about Linda other than that she does the laundry, cares for her boys, and knows the finances -In the beginning I found it annoying how all she did was take off his shoes, put on his jacket, eager to please him. Only portrayed as a wife and mother, less dimensional than the other characters. -Does this take away from her character development? -Her goals are measured by Willy’s achievements -Linda is desexualized Treatment of Linda/Relationship with Willy -Willy is commanding to her â€Å"swiss cheese† â€Å"You’re my foundation and my support Linda† -Willy does not let Linda talk â€Å"don’t interrupt† (62, 64-65) READ -Biff defends her from Willy but she defends Willy, then Biff says â€Å"Don’t go making excuses for him, he wiped the floor with you. He never had an ounce of respect for you (54-55) -Biff and Happy objectify girls (20 + 21) Also, â€Å"gorgeous creatures†, ‘it’s like bowling† (23-24) -Linda says† I’m not your maid anymore† -Described by Happy as having â€Å"character and resistance† which is a quality he wants in a woman, unlike the ones he’s been with -Whenever Willy is upset about something she just sugarcoats his flaws and compliments him (37) do you think we just know something she doesn’t, or is there other motivation for her to do this?) -Seems like the first time she ever voiced her real opinion (57) about how Happy and Biff are ungrateful towards Willy -What is the purpose of her character? So that women of the forties could empathize with her situation more Hyper-masculinity Seen as negative or positive? Doesn’t lead to happiness. Happy and Biff â€Å"raise cattle, use our muscles, men built like us should be working out in the open (24) Uncle Ben Salesman Manual Labour Football Willy always refers to how their appearances make them well liked â€Å"guys built like us should be working a farm† â€Å"a man who can’t handle tools is not a man. You’re disgusting† (44) to Charley â€Å"thank God you’re built like Adonises† God of beauty and desire MORE SUBTLE EXAMPLES I NOTICED When Howard’s wife goes to talk to the recording device she has nothing to offer, as opposed to his son and daughter who wouldn’t shut up his daughter whistles, his son names the capitals of states, his wife says â€Å"I can’t think of anything†¦hello? Oh Howard, I can’t talk into this†¦.† (78) She could have just been shy, she doesn’t have a name, she is known as his wife Connect Howard’s wife’s role to Linda’s role? This is our chance to see a family woman other than Linda, do you think this serves a purpose, not matter how subtle it may be? Linda is content without adventure, she didn’t want Ben to encourage Willy to go to Alaska (95) Linda is overshadowed by her boys who go out and pursue things. Conclusion: Arthur Millar shows us the restraints of sexuality as well individuality in this play. Just like Willy Loman struggles to find his place socially and struggles economically, Linda is restrained by her gender.

Why Ming China Ended the Treasure Fleet Voyages

Between 1405 and 1433, Ming China sent out seven gigantic naval expeditions under the command of Zheng He the great eunuch admiral. These expeditions traveled along the Indian Ocean trade routes as far as Arabia and the coast of East Africa, but in 1433, the government suddenly called them off. What Prompted the End of the Treasure Fleet? In part, the sense of surprise and even bewilderment that the Ming governments decision elicits in western observers arises from a misunderstanding about the original purpose of Zheng Hes voyages. Less than a century later, in 1497, the Portuguese explorer Vasco da Gama traveled to some of the same places from the west; he also called in at the ports of East Africa, and then headed to India, the reverse of the Chinese itinerary. Da Gama went in search of adventure and trade, so many westerners assume that the same motives inspired Zheng Hes trips. However, the Ming admiral and his treasure fleet were not engaged in a voyage of exploration, for one simple reason: the Chinese already knew about the ports and countries around the Indian Ocean. Indeed, both Zheng Hes father and grandfather used the honorific hajji, an indication that they had performed their ritual pilgrimage to Mecca, on the Arabian Peninsula. Zheng He was not sailing off into the unknown. Likewise, the Ming admiral was not sailing out in search of trade. For one thing, in the fifteenth century, all the world coveted Chinese silks and porcelain; China had no need to seek out customers — Chinas customers came to them. For another, in the Confucian world order, merchants were considered to be among the lowliest members of society. Confucius saw merchants and other middlemen as parasites, profiting on the work of the farmers and artisans who actually produced trade goods. An imperial fleet would not sully itself with such a lowly matter as trade. If not trade or new horizons, then, what was Zheng He seeking? The seven voyages of the Treasure Fleet were meant to display Chinese might to all the kingdoms and trade ports of the Indian Ocean world and to bring back exotic toys and novelties for the emperor. In other words, Zheng Hes enormous junks were intended to shock and awe other Asian principalities into offering tribute to the Ming. So then, why did the Ming halt these voyages in 1433, and either burn the great fleet in its moorings or allow it to rot (depending upon the source)? Ming Reasoning There were three principal reasons for this decision. First, the Yongle Emperor who sponsored Zheng Hes first six voyages died in 1424. His son, the Hongxi Emperor, was much more conservative and Confucianist in his thought, so he ordered the voyages stopped. (There was one last voyage under Yongles grandson, Xuande, in 1430-33.) In addition to political motivation, the new emperor had financial motivation. The treasure fleet voyages cost Ming China enormous amounts of money; since they were not trade excursions, the government recovered little of the cost. The Hongxi Emperor inherited a treasury that was much emptier than it might have been, if not for his fathers Indian Ocean adventures. China was self-sufficient; it didnt need anything from the Indian Ocean world, so why send out these huge fleets? Finally, during the reigns of the Hongxi and Xuande Emperors, Ming China faced a growing threat to its land borders in the west. The Mongols and other Central Asian peoples made increasingly bold raids on western China, forcing the Ming rulers to concentrate their attention and their resources on securing the countrys inland borders. For all of these reasons, Ming China stopped sending out the magnificent Treasure Fleet. However, it is still tempting to muse on the what if questions. What if the Chinese had continued to patrol the Indian Ocean? What if Vasco da Gamas four little Portuguese caravels had run into a stupendous fleet of more than 250 Chinese junks of various sizes, but all of them larger than the Portuguese flagship? How would world history have been different, if Ming China had ruled the waves in 1497-98?

University Emr Implementation Case Analysis - 1282 Words

Stanford EMR Implementation: Case Analysis This case analysis of Stanford’s Hospital and Clinics (SHC) electronic medical record (EMR) system implementation will focus on how the healthcare organization focused on resolving a problem to meet regulatory pressures and responded to an opportunity to create operational efficiency, by capitalizing on the use of information technology to help reduce costs. We will discuss the organization’s IT problems, opportunities, and the alternatives available to address each. We will summarize an analysis of potential alternatives including the organization’s EMR system of choice and conclude with a recommendation to the Board on how to rollout the new system. Problems and Opportunities SHC mission was to care, to educate, and to discover for the benefit of patients and larger community. Multiple problems and opportunities were present within the organization’s IT infrastructure that needed to be resolved before implementing an EMR system. 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