Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

How has Globalization Shaped Energy Systems in Emerging Economies: A of India - Case Study Example

Comments (0) Cite this document
Globalization brings opportunities and challenges in an equal measure concerning energy issues. The objective of the present study is to investigate the influence of the globalization occurrence on the energy industry of the global south, particularly in India…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
How has Globalization Shaped Energy Systems in Emerging Economies: A Case of India
Read TextPreview

Extract of sample "How has Globalization Shaped Energy Systems in Emerging Economies: A of India"

Download file to see previous pages Economic globalization has accelerated due to several factors such as technological advancements and market liberalization. Globalization of policymaking The most important and unique feature concerning globalization is that issues are viewed under the lens of international interests (Cooper, 2001). National policy issues such as economic, social, cultural and trade are increasingly coming under the influence of international agencies. This has resulted in an erosion of national sovereignty as states barely make their own decisions. The developing counties and the south have seen their independence eroded since their economic, cultural, and social choices are highly subjected to international agencies (Bradshaw, 2009). This has forced them to adopt policies made by other entities, which in most cases they are never comfortable in accommodating. The developed countries are better placed since they are able to formulate their own policies with less interference and exert pressure on other developing countries (Bartelson, 2000). The developed countries are advantaged since they control international institutions and the global systems and are thus able to make a major decision to their advantage. The liberalization of markets and the developments in technology are the major contributors to the erosion of national policy making in most countries (Turner, 2009). The big flow of capital and the huge chunks of money involved are making it cumbersome to control check the power of the big players in the global economy. The global institutions have become major policy makes and most countries are forced to conform to their set standards (Foster, 2007). Another major initiative is the proposed multilateral agreement on investment where attempts are being made at world trade for an international investment agreement. The World Bank, International Monetary Fund, and World Trade Organization are some of the most powerful international bodies with immense control on major world policies (Communications Deloitte, 2004). Globalized banking According to Turner (2009), the demand for financial services has led to the continuous expansion of international banking leading to a globalization of the financial systems. The liberalization of trade and the growth of international markets have led to increased banking activities between the north and the south. The role of international banks in the global economy is closely related to international markets and thus has a great impact on the market dynamics (Bank of International Settlement, 2010). Internationally active banks have assisted to exploit the world economic development as they control the major financial decisions. The financial crisis highlighted the risks associated with globalized banking and the potential threats it poses an economic setting (Robinson, 2002). The deficiencies of the globalized banking facilitated the rapid transmission of shocks across the global financial system leading to the downfall of several economies. The first growth of international banks has increased the vulnerability of the financial systems in most countries due to reduced risk management structures (Communications Deloitte, 2004). Rising inequalities The results of globalization are the uneven distribution of profits and losses due to various factors at play.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Essay: How has Globalization shaped Energy Systems in Emerging Essay”, n.d.)
Essay: How has Globalization shaped Energy Systems in Emerging Essay. Retrieved from
(Essay: How Has Globalization Shaped Energy Systems in Emerging Essay)
Essay: How Has Globalization Shaped Energy Systems in Emerging Essay.
“Essay: How Has Globalization Shaped Energy Systems in Emerging Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF How has Globalization Shaped Energy Systems in Emerging Economies: A Case of India

Emerging Economies (RUSSIA)

According to the research findings the Soviet Union was considered as one of the most powerful and stable country in the world in 1980’s. The Soviet Union was getting stronger and stronger with the passage of time. The country was also stable economically. However, the policies devised and adopted by the country weakened the economic and political situation which eventually resulted in disintegration of Soviet Union. However, the analysts are of the view that the basic reason of political and economic collapse of the Soviet Union was the culture of War which caused severe impacts on the economic and political situations of the country. This increased war culture also affected the budget of the country and a greater portion of the...
19 Pages(4750 words)Research Paper

Partition of India and how Its Shaped Modern Day India

... Partition of India and how it shaped modern day India India succeeded in putting an end to the colonial rule of Great Britain in 1947 under the leadership of Mahatma Gandhi, who taught the power of nonviolence to the rest of the world. “With long memory and a spirit of vengeance the British decided to leave India but only after partitioning it between the Muslims and the Hindus”(1947: The Year of Partition). As in the case of many other countries in which Britain exercised colonial rule, in India also they did ample damage before they decided to leave India. Britain calculated that being a big country with huge population and other resources, India may challenge the rest of the world in future. In order to avoid that Britain deliberately...
5 Pages(1250 words)Essay

Emerging Markets Economies

... of businesses is achieved. The aggregate of proper regulation and management of financial institutions leads to a rapid growth of the economy. References Rousseau P. L. and Sylla R, 1999, “Emerging Financial Markets and Early U.S Growth”, National Bureau of Economic Research, Working Paper 7448, p. 1-54 Rousseau P. L. and Sylla R, 2001, “Financial Systems, Economic Growth, and Globalization”, National Bureau of Economic Research, Working Paper 8323, p. 1-51...
6 Pages(1500 words)Essay

Political Issues in Emerging Economies

...Political Issues in Emerging Economies Veema Limited, a Canadian-based corporation, which specializes in the manufacturing of industrial lighting systems, is in the process of developing an effective business entry strategy to penetrate the Brazilian market. Brazil is an attractive opportunity for expansion since the economy is undergoing tremendous economic development, which calls for major infrastructural development (Chung & Enderwick, 2001). This paper will review the political issues that the company will face. The paper will discuss the strategies of entry into Brazil’s emerging economy. The paper will explore the best market segment, the best entry mode, and the best and most cost-effective model of distribution. In case...
10 Pages(2500 words)Essay

How has Globalization shaped Energy Systems in Emerging Economies and the Global South Illustrate your answer in reference to y

... How has Globalization shaped South Africa’s Energy Systems Introduction Globalization is a common phenomenonknown for its extensive impacts both positively and negatively in the global activities. The emergence of globalization affected different countries on different perspectives and a big change is visible in the emerging economies as well as the global south. In this regard, this report will critically look at globalization impact in South Africa’s energy systems. However, before analyzing the main objective of the report, the paper will first bring out a vivid understanding of globalization by reviewing its history, and vast definitions portrayed by numerous scholars. History Though no consensus exists in the emergence...
8 Pages(2000 words)Essay

India as Emerging Market

... factors such as its social and economic indicators, trade and markets, place in the international system and its unique political and cultural aspects. II. Global overview of India In the years of the so-called Hindu Growth Rate, India had been seen as a "caged tiger". As the ruling regime in India introduced market reforms and free market policies, the global perception of India acquired a new turn from a pessimistic overview to an optimistic but critical appraisal. India has been praised from around the corners for not only being the largest democracy but also the only surviving postcolonial state, which has a history of free elections and democratic rule except the brief period of 1975-77 Emergency...
7 Pages(1750 words)Essay

Financial Liberalisation in Emerging Economies

... has advised developing countries, emerging markets and transition economies to maintain flexibility of measures dealing with inward and outward capital flows. The WTO has advised the Asian countries suffering from crises that solution to crises measures would lie in greater financial liberalisation along with prudent regulations of financial systems (from UNCTAD caution, retrieved 2005). However all important world financial bodies recognise the differences in market conditions between each Asian country although financial crises may have some common causes of high debts, current account deficits, poor banking regulations, overvalued currency and lack of financial regulations (UNCTAD, retrieved 2005). To increase global competitiveness...
20 Pages(5000 words)Coursework

Doing business in emerging economies

... Kingdom’s population of approximately 59 million people (UK Census, 2001). The products ranges of perfumes and cosmetics are aimed at the medium to higher earning bracket of males and females. The executive management has been following world trends of local companies entering emerging markets, and the above average returns some of these companies have shown in a relatively short time has spur them to look at the possibility of going global with Madam Cosmetic’s. After a lot of collaboration it was decided to evaluate the opportunity and risks of investing in China. This instigating factors for this decision was the market-reforms that was implemented in China which resulted in the largest reduction of poverty and one of the fastest...
12 Pages(3000 words)Essay

Sustainability In Emerging Economies

...Sustainability in Emerging Economies Sustainability in Emerging Economies Sustainability is the measures and policies initiated by firms and countries to manage the resources in such a way that will not hamper future generations’ ability to derive the same resources. It is a concept that has been adopted by the emerging economies (BRICS). Businesses in the emerging economies have taken advantage of the cost savings and market opportunities that green technologies present. Emerging economies is a term used to describe developing nations (not developed and are not third world). These countries experience rapid economic growth, and they exhibit an increasing level of integration into global markets. Most have reduced poverty levels...
2 Pages(500 words)Essay

The Economic Impact of the Emergence of China and India

The main macroeconomic variable that toys in the global economy’s shift are the emergence of India and China as new superpowers. This emergence certainly has a number of implications, but among the most relevant are: disruption of the equilibrium of the global economy which results in rising demand of goods, giving way to worldwide inflation; the attractiveness of outsourcing to these countries due to low cost but high talent workforce of these countries for cheaper operations.
The growing middle class of China and India results in booming demand for the automobile industry. This increase in demand, with the increasing purchasing power of these countries’ people, is not limited to automobiles but more apparent in...
10 Pages(2500 words)Assignment

Managing Emerging Technologies: The World Bank Group

information Technology helps the businesses in cutting costs and creating value to the organization as a whole, by minimizing the digital divide. This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as the World Bank for instance. Information technology plays a vital role in integrating systems and strengthening the strategic ties between service providers and customers, thereby rendering effective services.
The World Bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe. The bank, owned, fina...
11 Pages(2750 words)Case Study

The Globalization Policies in Different Countries

.... In some countries, the tariff may be excessive, rendering your product uncompetitive” (Bugg, 2005) Some countries may incorporate excess tariffs and duties to the imported products compared to the domestic products in order to encourage the domestic production activities. In such cases it is difficult for the foreign business tycoons to invest in those countries. International trade 7 Do’s and Don’ts while allowing foreign participation Even under the current global financial crisis, the Indian economy has stood out because of the carefully formulated economic policies. Foreign investments and participations were limited to some specific segments alone in India. Most of the profitable public organizations are still under the government...
6 Pages(1500 words)Coursework

Globalization and Protectionism in Our Century

... economic situation with an eye to the main theoretical approaches to the globalization phenomenon, different theoretical paradigms will be analyzed. Mexico, a developing country in the Western Hemisphere and member of the North American Free Trade Agreement (NAFTA), will be used as a case study to explore the ramifications of realist-inspired neoliberalism and the effects of globalization on a country in the developing world. Interdependence and the Emergence of GlobalizationGlobalization, as it exists today, rests largely on the shoulders of neoliberal economics and the global entrenchment of capitalism as the dominant economic system in the world. Inspired by Realist ideological doctrine, neo-liberalism is the belief in laissez-faire...
6 Pages(1500 words)Case Study

The Idea of Liberty in Sam Slime Case

... Sam Slime This could certainly be the case of the rich get richer and the poor go to jail, especially in a country that is trying to serve many masters. The government of the United States is certainly a political and governmental entity, but at it heart it has almost always been a voice of corporate business and expansion of wealth for the few. It operates seemingly under the principle guise of what is good for business is good for the people. One could say that the state of the economy today is the fallout of this mindset. In the “Sam Slime” case study we see the idea of liberty as applied by several masters. The first, when Sam Slime mugs you outright is a matter for governmental law and order. Cleary there is a criminal (Sam...
8 Pages(2000 words)Coursework

Analysis of OReilly v Mackman Case

Judicial review is a concept which is constitutionally undecided as it on one side, it shores up the rule of law, democracy, and pre-eminence of parliament by facilitating the courts to check the boundaries of government authority and on another side, the courts are open to the decision on the plants based on the fact of separation of authorities that are intimating with the verdicts of democratically elected institutions. Judicial review is not apprehended with the virtues of government assessment but deals with whether the deciding authority has remained within the legal boundaries and whether broad principles of rationality and fairness adhere. The constitutional basis of judicial review is debated as one view holds that it is...
8 Pages(2000 words)Case Study

Accounting systems and Assurance

The allocation of resources is dependent on the information regarding the financial condition of the firm. Here comes the role of accounting, which provides all the required financial information to the investors through several financial reports. There There are two classifications of accounting 1) financial accounting and 2) management accounting. Financial accounting is the one which furnishes all the financial information to the investors and management accounting is used at the micro-level where the internal allocation of the funds takes place. Accounting is one of the most crucial components of any organization as it provides all those financial information that is used to make the economic and financing decision making.&nbs...
9 Pages(2250 words)Coursework

Economic Analysis of India

The country’s economy is fast growing with a stable political system that encourages foreign investment although with certain restrictions. The country generally has good energy, transport and communication systems which make the cost of doing business affordably.

The Republic of India found South of Asia is by far the world’s most populous democracy and ranks seventh largest in terms of geographical area (Brown, 1994). India is also the second most highly populated country in the world. The country has a rich culture with four major religions having originally emerged from it; Sikhism, Buddhism, Hinduism, and Jainism. The Indian Republic consists of seven union territories and 28 states and ranks twelfth la...
8 Pages(2000 words)Case Study

Business Information Systems

... much for children, young professional, college students, tourists, and business travelers. As we talk about the environment of Club IT that is designed in a very good way with High ceilings, live music, dance floor and energy lighting. Here we can eat and drink watch move and lot of other entertainment (Case Study). Current Technology Structure of Club IT This section is about the present technology structure at Club IT. In the present structure they have small computer based database system, a small Internet, security system and small other IT based structures. They have main IT equipments that comprise a Computer and a printer, Software, Modem, Photocopier, Fax Machine, Postage Scale and Meter and Paper Shredder. The communication...
8 Pages(2000 words)Case Study

Globalization and World Economic Forum at Davos 2010

The seven forces of globalization are; Markets, Production, Culture, Labor, Technology, Environment, and Liberalization. Of these factors, the globalization of markets has engaged substantial attention of the firms and academia. Some markets are highly globalized, while some are not. The scale of market globalization is determined by the extent of globalization of customers, customer needs, distribution channels and marketing strategies of the players in the industry (Stonehouse et al, 2004).

The phenomenon of globalization of markets has resulted in both advantages and disadvantages. It has resulted in the convergence in the requirement of features in a product and augmentation of the intensity of B2B and B2C communica...
7 Pages(1750 words)Coursework

An Emerging Energy Technology

.... Anthony, Y, (2012), Clean Coal Fuels, Chicago, The University Press. 3. Branson, R, (2000), Development of new energy technologies, New Delhi, polity press 4. David, K, (2006), The Kyoto Protocol and impacts on the environment, California, Lanner publishers. 5. Daniels, F & Sullivan, K, (2009), International business environments and operations, New Jersey, Upper Saddle Publishers. 6. Francis & Ruel, A, (1998) Effects of climate change, Boston, Bianden Publishers. 7. George, M, (2004), How to Stop the Planet from Burning, Illinois, Rimpa publishers. 8. Hester, R, (2009), Issues in Environmental Science and Technology, Minneapolis. Library of Congress. 9. Peter, Y, (2011) Strategies for reducing the effects of global warming...
9 Pages(2250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic How has Globalization Shaped Energy Systems in Emerging Economies: A Case of India for FREE!

Contact Us