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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 ...
Glocalization of education has been proposed in the specific areas of politics, economics, culture, teaching, information, organization, morality, spirituality, religion and "temporal" literacy. [ clarification needed ] The recommended approach is for local educators to consult global resources for materials and techniques and then adapt them ...
Pankaj Ghemawat (born 30 September 1959) is an Indian-American economist, professor, global strategist, speaker and author known for his work in the study of globalization. He created the DHL Global Connectedness Index and the CAGE Distance Framework .
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An early form of globalized economics and culture, known as archaic globalization, existed during the Hellenistic Age, when commercialized urban centers were focused around the axis of Greek culture over a wide range that stretched from India to Spain, with such cities as Alexandria, Athens, and Antioch at its center. Trade was widespread ...
The Glocal Forum was created in 2001 to emphasize the role of local authorities in the world governance system. [1] [2] 25 cities attended the first meeting in Rome in 2002. [3]
[4] [12] [14] The process of adoption of elements of global culture to local cultures is known as glocalization [4] [6] or cultural heterogenization. [15] Some scholars like Arjun Appadurai note that "the central problem of today's global interaction [is] the tension between cultural homogenization and cultural heterogenization". [8]