Globalization and Liberalization: Nature and Consequences
Sudan, Falendra K.
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PRODUCT DETAILS
Book ID : 28502
ISBN-10 : 81-86771-72-7 / 8186771727
Place
of Publication :
Delhi
Year
of Publication :
2005
Edition :
Language :
23 cm.
CONTENTS
DESCRIPTION
Liberalization and globalization are both art of the economic reform undertaken by numerous countries including India in the recent past to give a new shape to their economies. Liberalization is the diminution of progressive elimination of the control of the state over economic policies. Purely internal liberalization confines its attention to the domestic and takes measures to make it more responsive to market forces. External liberalization, on the other hand, consists of relaxation of the state control in the spheres of foreign trade, foreign investment, and capital inflow and outflow in a country.