Introduction Globalization refers to the increasing interconnectedness and interdependence of economies, societies, and cultures across the world through trade, investment, technology, and the movement of people. Over the past few decades, globalization has emerged as one of the most transformative forces shaping the economic landscape of developing countries. Institutions such as the World Trade Organization,…
Introduction The 21st century has witnessed a profound transformation in the structure and functioning of economies across the globe, driven by rapid advancements in digital technologies. The emergence of the digital economy represents a paradigm shift from traditional industrial systems to technology-driven, data-centric economic activities. This transformation is powered by innovations such as artificial intelligence,…
Introduction Globalization is one of the most significant forces shaping the modern world economy. It refers to the increasing interconnectedness and interdependence of economies across the globe, driven by trade, investment, technology, and the movement of labor. In India, globalization gained momentum after the 1991 economic liberalization, which opened the country’s markets to foreign investment,…