liberalization; its impact on world economies

29/1/2015 1Netizensstop & Pradeep Shakaa.

Rapid growth in International Financial transactions. As in,assisting “Payoneer” & as an alternative to Paypal for overseetransaction as of now.

Fast growth in trade, especially among multinational corporationsby establishing new diplomatic relations & signing new pacts @government level, considering modern contact techniques.

Surge in Foreign Direct Investment, contributed by new MNC’s,in a stabilized mode of Dollar – Rupee fluctuation.

Emergence of global market by encouraging imports of rawmaterials for proper & fine exports.

Diffusion of technologies and ideas through rapid extension of aglobalized transportation and communication system, evenmaking it more secure. 29/1/2015 2Netizensstop & Pradeep Shakaa.

Liberalization at the world level; by proposing new trade rules

& routes at WTO summits. And, fighting Internationally against

International trade restrictions, which are set just for developing

nations. It consists of two distinct phenomena — the

Liberalization of production and Liberalization of finance.

These should be interlinked @ robust level.

Liberalization at the level of a specific country; is established

by fresh trade relations between state governments & see that

work gets over quickly by proper timely co – operation under

rule of different Political parties. Again interlink between a

country’s economy and the rest of the world.


At the level of specific industry, liberalization refers to the degree to

which a company’s competitive position within that industry in its own

country is interdependent with that in another country. This can be

obtained by identifying importing countries. And, further identifying

new SEZ {Special Economic Zones}. Ex – Shri. Ratan Tata opting for

opening his Hotel in Morocco.

At the level of a specific company, by looking for raw materials &

destination for finished goods & seeing that project won’t get affected

under the belt of Politics. liberalization refers to the extent to which a

company has expanded its revenue and asset base across countries and

engages in cross - border flows of capital, goods and know-how across

subsidiaries.


Need for dismantling of barriers to international economic

transactions. When Fiscal Deficit around the world rises, putting

pressure on International Monetary Fund (IMF) & particularly rise in

Global Crude oil, Gold, Silver & Platinum prices.

Handling over - capacity and over – production of finished goods or

damaged goods. Through sites like Flipkart & its subsidiaries

{Myntra, Hobbit & Jabong, Shopbob in pending}. More importantly

through Social shopping; similar to Big Bazar model.

Technological advances like dropshipping using CMS like Magento,

individually, using different kinds of Wordpress themes for creating

shopping sites , using new online technologies like IPV6 & HTML5.

With new Global Banking Money transaction methods for free legal

flow of money across borders. With its roots in India; surcharging

commission for these transactions; these days via Social Networks.29/1/2015 5Netizensstop & Pradeep Shakaa.

Political factors like upliftment of Native Americans & AfricanAmericans. Issues related to employment of youths around theWorld. RSS {Rashtriya Seva Sangh} has been contributing & hasplanned for World economies. That is, nothing but it’s“AKHAND BHARAT SWAPNA”, again a meet had beenorganized soon after heinous crime of “Dehli Gang Rape”,around 24th Aug. 2009.

Intellectual rationale. Final thought to come with differentopportunities in various countries across the world. Giving basicnecessity of Food, Shelter & Clothing, even stable & good GrossDomestic Income, for a healthy life of every individual & a newWorld order deprived of health issues like Cholera, Typhiod,Hepatitis & HIV.


Adapting to local market differences by selling & purchasing using a common

currency at World level & may be going for fixed system of Dollar valuation;

making Govt. to take decisions quickly.

Exploiting economies on global scale. restricting with our own International

laws. Hence, operating WTO in a fare manner.

Tapping the optimal locations by getting inputs from surveys & using it for

timely seasonal production & further delivery at proper date & time & place.

Using sites like Google+ & Survey Monkey.

Minimizing knowledge transfer by making knowledge to flow like a stream

with its branches in different directions.


Image from Business Standard.


Exchange Rate Adjustment and Rupee Convertibility. May begoing from flexible system to fixed system in order to keepGlobal Crude oil prices stable.

Export Globalization; first to neighboring nations; than Worldover; in a bid to bring new World order after 3 major recessionsWorld over.

Opening up to Foreign Capital. First bringing “INDIA’sBLACK MONEY” staged in United States, Australia, KGPmoney from Russia & Swiss Bank’s around 5000+ LakhTrillion US Dollars. A task recently assigned to OnlineBlogging Brigade.


Effects on the External Sector - As a result of substantialaccretion to foreign exchange reserves for most of the post-reform period, the stock of foreign exchange reserves rose fromonly $ 1.1 billion in June 1991 to as high as $ 316 billion as onMay 23, 2008 (though it fell to $ 253.09 billion during the weekended April 24, 2009). After I myself & Mr. Akash Sharma hadwritten two such technical articles & World was confused as togo Technically or Non – Technically for a period of 3 months orso. That would been a golden period if India would have gonewith Liberalization.

Effect on the Indian Enterprises - Process of globalizationunleashed in 1991 has ‘created’ a new world - a world in whichnot only there has been an inflow of substantial foreign capital,but the domestic corporate sector for the first time saw itself asthe ‘target’ rather than the ‘beneficiary’ of the heightenedactivities of foreign investors. So, making big Indian big guns toinvest in almost every business.

29/1/2015Netizensstop & Pradeep Shakaa. 10

liberalization; its impact on world economies

Economy & Finance