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The Role Of Globalisation In Economic Growth

2198 words - 9 pages

The Role of Globalisation in Economic Growth

Table of Contents Pages

1. Executive Summary.............................................................................................3
2. Globalisation........................................................................................................4
3. World Trade Organisation...................................................................................4
a) Activities of WTO............................................................................................5
b) Advantages of WTO........................................................................................6
4. WTO and India....................................................................................................7
5. Impact of globalisation on Indian economy........................................................7
6. Advantages of WTO on Indian economy.............................................................8
7. Disadvantages of WTO on Indian economy........................................................10
8. Conclusion...........................................................................................................11
9. References...........................................................................................................12
10. Appendices...........................................................................................................13

Executive Summary:
International Trade is a key to economic growth for any country. There are number of international institutions who are engage to ensure that the countries whether developed, developing or under-developed must get facilitate from these institutions. The key International Institutions are World Bank, IMF, WTO, OECD etc and their role is to reduce and eliminate poverty and help member countries in their economic growth.
Globalisation is one of the significant features of international trade. Since last ten years the world is becoming a globe and easier to access to resources more effectively. This report is based on the facts of globalisation and the international institution, which helps in providing rules of international trade among member countries. World Trade Organisation is one of the international institutions with the aim of providing rules and ensure that the member countries are complying with the given polices for international trade.
This report is consist of the importance of globalisation and its role in the countries development. The impact of World Trade Organisation on the member countries and what are the advantages/disadvantages of being a member.
India is selected as one of the member countries of WTO to look into the impact of WTO on Indian economy and how it has helped in improving the economic condition of the country. Various trade policies involve in international...

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