Drivers of globalization ppt

globalization in developed and developing countries. Results of dynamic ordinary least square show human capital, capital, labor, transportation and communication and financial index as the important drivers of globalization in both developed countries and full sample. However. Revolution in information and communication Improvements in business travel. f The drivers of globalisation. Market drivers Cost drivers. Per capita income converging among industrialised Continuing push for economies of scale. nations Accelerating technological innovation. Convergence of lifestyles and tastes Advances in transportation.  · 1) Technological drivers Technology shaped and set the foundation for modern globalization. Innovations in the transportation technology revolutionized the industry. The most important developments among these are the commercial jet aircraft and the concept of containerization in the late s and s.

1) Technological drivers Technology shaped and set the foundation for modern globalization. Innovations in the transportation technology revolutionized the industry. The most important developments among these are the commercial jet aircraft and the concept of containerization in the late s and s. Government Drivers Government globalization drivers such as the existence or lack of favorable trade policies, technical standards, expedients and regulations, and government based or subsidised competitors or clients affect all other basis of a global strategy and are thus important in moulding the global competitive environment in an industry. Title: Globalization Drivers Author: Walter J. Ferrier Last modified by: Walter J. Ferrier Created Date: 3/5/ PM Document presentation format.

Globalisation. Definition: An economic phenomenon? A social phenomenon? A cultural phenomenon? The movement towards the expansion of economic and social. As globalization and technological advances bring us hurtling towards a new drivers of globalisation, especially as this has accelerated over time. 1) Technological drivers Technology shaped and set the foundation for modern globalization. · 2) Political drivers Liberalized trading rules and deregulated.