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Hofstede's cultural dimensions theory is a framework for cross-cultural psychology, developed by Geert Hofstede. It shows the effects of a society's culture on the values of its members, and how these values relate to behavior, using a structure derived from factor analysis. [1] Hofstede's cultural dimensions theory.
In the post-Cold War era, a significant aspect of India's foreign policy is the Look East Policy. During the cold war, India's relations with its Southeast Asian neighbours were not strong. After the end of the cold war, the government of India particularly realised the importance of redressing this imbalance in India's foreign policy.
As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
Southeast Asia was in the Indian sphere of cultural influence from 290 BCE to the 15th century CE, when Hindu - Buddhist influences were incorporated into local political systems. Kingdoms in the southeast coast of the Indian subcontinent had established trade, cultural and political relations with Southeast Asian kingdoms in Burma, Bhutan ...
Foreign direct investment (FDI) in India has reached 2% of GDP, compared with 0.1% in 1990, and Indian investment in other countries rose sharply in 2006. [18]As the third-largest economy in the world in PPP terms, India is a preferred destination for FDI; [19] India has strengths in information technology and other significant areas such as auto components, chemicals, apparels ...
The trade in India was implemented mainly on the coast. During the 17th century there were two big Islamic empires between Western Europe and the Mughal Empire – the Saffavid and the Ottoman Empires – their trade was implemented only by ships. Therefore, the main ports were on the coast of both the Arabian Sea and the Bay of Bengal with the ...
India and Pakistan had tense relations due to border disputes, which led to several wars between the two countries, including the first war in 1947-1948 and the second in 1965. [3] Relations with China: Another major foreign policy challenge for India during this period was its relationship with China, a neighbor to the north. India recognized ...
Economics. Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [1]