Introduction In the globalized economy of the 21st century, international trade forms the backbone of economic growth for both developed and developing countries. For a country like India, which is steadily moving towards becoming the world’s third-largest economy, exports are not merely a source of foreign exchange but also a driver of industrial growth, employment…
Introduction In the 21st century, the world is witnessing rapid transformations in global politics, economics, and security. The global order that once appeared relatively stable under post-Cold War liberal frameworks is being reshaped by shifting power dynamics, regional rivalries, technological revolutions, and ideological contests. Amid these changes, states are increasingly faced with the challenge of…
Introduction Globalization has been one of the most transformative forces of the modern era, redefining economies, societies, and cultures across the globe. At its core, globalization refers to the increasing interconnectedness and interdependence of nations, facilitated by advancements in trade, technology, finance, and communication. For decades, globalization accelerated global economic growth, increased cross-border investments, boosted…
Introduction In today’s interconnected world, supply chains form the backbone of the global economy. A supply chain is the complex network of production, transportation, distribution, and consumption processes that ensure goods and services reach consumers across different countries. From raw material extraction to manufacturing, packaging, shipping, and retail, supply chains integrate multiple sectors and economies….
Introduction Globalization refers to the process of increasing interconnectivity and interdependence among countries and regions through the exchange of goods, services, technology, and culture. Over the last few decades, globalization has become a driving force behind many economic, social, and political changes. While it has contributed to global economic growth and poverty reduction, it has…
Introduction Globalization and liberalization have significantly transformed the Indian economy, driving economic growth, enhancing trade, and improving technological capabilities. India’s economic liberalization, which began in 1991, marked a shift from a protectionist economy to an open and market-driven system. These reforms integrated India into the global economy, leading to increased foreign trade, capital inflows, and…