PREPARED BY:

M.AYAZ KHAN
SAEED KHAN
Globalization
Definition:
The worldwide movement towards economic,
financial,trade, and communication
Globalization implies the connections between
the countries openly
Globalization makes possible free transfer of
Capital, Goods and Services across nations
Today world as also known as global village.
continued
Due to globalization producers and investors
of different countries invest in different
countries (FDI)
Globalization is the interconnection of
different markets across the nations
(International markets)
Globalization not only increases international
trade but it also improves cultural exchange.





continued
Cultural exchange exposes students to people
from different cultural, religious, geographic
and socio-economic backgrounds and
students learn from those which is different
from themselves
Globalization improves world economy,
transportation and communication
technologies


continued
Globalization reduces the international
inequalities
Globalization presents new possibilities for
eliminating global poverty
Globalization can benefit poor countries
directly and indirectly




Encouragement of foreign investors
Increase GNP
Increase employment opportunities
Increase production
Improve technologies
Improve skills of the labors
Encourage privatization
MNCs
FDI AND PAKISTAN
Year
Greenfield
Investment
Encourage
employment
Privatization
Proceeds
Total FDI
2001-02 357 128 485
2002-03 622 176 798
2003-04 750 199 949
2004-05 1,161 363 1,524.00
2005-06 1,981 1,540 3,521.00
2006-07 4,873.20 266 5,139.60
2007-08 5,019.60 133.2 5,152.80
2008-09 3,719.90 - 3,179.90
Jul-Mar-10 1,553.9 - 1,553.9
Total 20,037.60 2,805.20 22,303.2
Employment opportunities increase due to
migration of the labor
Increase the remittances which can stabile the
foreign exchange( valuate the money)
Globalization makes it possible for students to
get education overseas
Improves the life of the students by getting
good education
Globalization increases international trade
(import, export)
There is an edge (benefit) of comparative
advantage in international trade
Trade reduces scarcities
Access of international goods in domestic
market with low prices

others
Cultural changes: Globalization develops
cultural of the people and widen the mind set
of the societies
TAX: tax revenue (imports)/ tariff duty on
trade (exports)
Stable foreign exchange: with the help of
trade and foreign investment

WTO (WORLD TRADE ORGANIZATION)
The aim of WTO is to make international
trade freer.
WTO encourages tariff reduction by
mutual consent among the trading
countries

In many cases of globalization different
social institutes and banks (IMF) help to
improve the life of underdeveloped
countries by providing foreign AIDs etc

WORLD BANK indicates the development
of a country or measures the different
aspects/ parts of the country such as,
trade, imports, exports, standard of
living etc..

BENEFITS OF GLOBALIZATION
Globalization support s foreign NGOs to help
people of different countries. These NGOs
are UNICEF, SPARK, WHO etc
Due to globalization development banks and
social institution help to improve the living
standard of people and provide them both
financial and social aids.

continued
Due to globalization different institutions run
SMEs to remove the poverty etc
Globalization improves the technique of
production, give us new policies, economic
policies, etc



NEGETIVE IMPACT OF GLOBALIZATION
Advantages of big peoples to enjoy big profit
with less cost
Conversion of diseases:
Insecurity of jobs
Exploitation of labor
Bad aspects of foreign culture
Local industries are replace by foreign
multinational companies



THE END
Any Question