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In this section of the literature review various papers having various relations between stock market and globalization are studied, analyzed and reviewed to collect different conclusions available and find the problem definition/research gap for RP‖. I would further like to explain this part of literature review by asking 3 simple questions which would cover all the needful information and also would help the reader understand everything in a systematic and in ordered manner. The questions are as follows: 1. What is Globalization? Globalization is the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture. Globalization is can also defined as the extension of social relations across world-space, defining that world-space in terms of the historically variable ways that it has been practised and socially …show more content…
many prominent economists, financers, politicians and other seeming authorities regard globalization and in particular financial globalization, as a potential danger to the world’s poor whereas instead of danger, globalization is an opportunity. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Through globalization there is intermingling of the trades taking place which is good for spreading and sharing different cultures all over the world. Globalization can also be considered as one of the major step towards the development of country. 2. What is Stock Market? Stock market as already explained earlier is the aggregation of buyers and sellers of stocks these may include securities listed on a stock exchange as well as those only traded privately. 3. What is the relation between stock market and
The stock market is a centralized area where buyers and sellers comes together to perform stock transaction. When one thinks of the stock market, the first thing comes to mind is Wall Street which is sometimes referred to as the New York Stock Exchange as well as the NYSE.
Nowadays, Globalization is a main trend for the world economic. The world’s economy has become fully integrated. There are no barriers and borders to trade around the world.
Globalization has several definitions, as Andrew McGrew underlines it. He uses four different ones in order to get a more complete definition. In this way globalization is defined as ‘the intensification of worldwide social relations which link distant localities in such a way that local happenings are shared by events occurring many miles away and vice versa’, ‘the integration of the world-economy’, the ‘de-territorialisation – or growth of supraterritorial relations between people’ and finally as ‘time-space compression’ (Giddens, 1990, p. 21, Gilpin, 2001, p. 364, Scholte, 2000, p. 46, Harvey, 1989, cited in Mc...
According to Investopedia.com the stock market is defined as, “The market in which shares are issued and traded either through exchanges or over-the-counter markets. Also known as the equity market, it is one of the most vital areas of a market economy as it provides companies with access to capital and investors with a slice of ownership in the company and the potential of gains based on the company's future performance” (Investopedia.com). This is a great initial overview of how a stock market functions and why stock markets are important for companies. Shares ar...
Globalization is defined as “the historical process involving a fundamental shift or transformation in the spatial scale of human social organization that links distant communities and expands the reach of power relations across regions and continents (Baylis, 2014).”
A stock market is where stocks are traded, or in other words, bought or sold. A stock is a share, or a essentially a small ownership of a company. For instance Google
In turn everything in the present and the future is judged through the stocks as they hold a high importance in industrialized economies showing the healthiness of said countries economy. As investing discourages consumer spending over all decreases, it lead...
Globalization is not an extraordinary subject nowadays. In truth, it plays a noteworthy role in encouraging social development and technological advancement. However, the appearance of globalization was not contingent. In contrast, it is the cumulative consequence of the progress in economy and technology especially after 1949. In 1948, the establishment of GATT facilitated international business and enhances capital flow, which generated an advantageous characteristic for globalization (Makhlouf, 2014). Following part will introduce the definition and development of globalization
Globalisation refers to the process of the integration of economic, political, social and cultural relations among people, companies and governments of different nations and countries. It is a process aimed improving international movement of goods, services, labour and capital. This process also has a direct impact on the environment, culture, political systems, economic development and prosperity, and a human physical wellbeing of societies in the world.
The stock market refers to the collection of markets and exchanges where the issuing and trading of equities (stocks of publicly held companies), bonds and other sorts of securities takes place, either through formal exchanges or over-the-counter markets. Also known as the equity market, the stock market is one of the most vital components of a free-market economy, as it provides companies with access to capital in exchange for giving investors a slice of ownership.
Since the term of globalization is basically everyday, the world is shrinking smaller due to the invention of transportation and communication. Globalization simply integrated countries and countries since it has been used economically, culturally and politically in a various purposes. Globalization may refer as the small world with the advanced technology interaction to live as the same lifestyle but different cultures. Indeed, this essay will demonstrate the positive and negative impacts of globalization to the world’s lifestyle that has been changed recently.
Globalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)
At times, the term "market" is used to refer to more strict exchanges. That is, organizations that aid the trade in financial securities for instance, a commodity or stock exchange. It may also be an electronic system (like NASDAQ) or a physical place (like the NYSE, BSE, NSE). Trading of stocks occurs mostly on an exchange. However, corporate actions like merger or spinoff are occur away from the exchange. In addition, any two people or companies, for of any kind reason, may decide to sell stock bet...
Globalization is one of the main aspects in the 21st century. Globalization has brought the world closer; all the things that are happening nowadays are recognized globally even if they happened locally (Buckley). According to Nayef Al-Rodhan GCSP (Geneva Centre for Security Policy) globalization is not a single word or concept. It contains many other concepts within itself. Globalization is composed of different concepts like incorporation regarding the economics, transmitting information or understandings, stability within beliefs, and other concepts (Al-Rodhan p.3). This paper deals with the definition of Globalization, the advantages and disadvantages of globalization, and based on these information the views that to which extend the globalization is beneficial for majority of the world's population. The concept of globalization has changed the whole shape of the world. It has both its positive and negative impacts on people's life. However, by taking both the advantages and disadvantages into consideration we can find that to a large extend globalization is beneficial for majority of the world's population. With the help of globalization the works that were difficult in past is getting easier in today's environment. People are getting closer to each other, which is a product of globalization. Moreover, the knowledge and informations are being circulated in very good way which is a very good sign for having a good and prosperous life.
The definition of globalization is, “Globalization is the connection of different parts of the world. Globalization results in the expansion of international cultural, economic, and political activities. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more