How has economic policy 1991 helped in globalizing indian economy?
Answers
Answered by
2
1) There is an International market for companies and for consumers there is a wider range of products to choose from.
2) Increase in flow of investments from developed countries to developing countries, which can be used for economic reconstruction.
3) Greater and faster flow of information between countries and greater cultural interaction has helped to overcome cultural barriers.
4) Technological development has resulted in reverse brain drain in developing countries.
2) Increase in flow of investments from developed countries to developing countries, which can be used for economic reconstruction.
3) Greater and faster flow of information between countries and greater cultural interaction has helped to overcome cultural barriers.
4) Technological development has resulted in reverse brain drain in developing countries.
Similar questions