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082 _a338.9 SHA
100 _aSharma, Yogesh Kumar.
245 0 _aGlobalisation, privatisation and market economy
260 _aJaipur
260 _bAavishkar
260 _c2007
300 _a238 p.
365 _b700
365 _dRS
520 _aGlobalization, privatization and liberalization have become dominant forces shaping societies and economies the world over. These three processes are interrelated phenomena. Globalized economies are likely to be more privatized and liberalized economies. Globalization, privatization and liberalization are multidimensional phenomena that have implications not only on the economic but also on the sociocultural and environmental aspect of countries and societies. One of the major consequences of globalization, privatization and liberalization is the acceleration in foreign direct investment flows. While foreign direct investment has been increasing for sometime among the developed triad countries, in recent years it has spread to other parts of the world, especially to the giant emerging economies. The privatization and liberalization policies pursued by these emerging economies have created new opportunities for foreign direct investment. International investors now face difficult problems such as choosing countries, evaluating risk-return relationships and assessing profitability in private and public sectors. The chapters in this book deal with all of these, reflecting the multilevel aspects of globalization, privatization and liberalization forces shaping world economies.
650 _aGlobalisation
942 _cB
_2ddc