Globalisation and Its Impact on Women Empowerment

Globalization is a colorful and ambiguous term. The globalization is an invention of American business schools. It suggests that only those companies preparing themselves in good time and without any reservations will be able to survive. Accordingly, the sole ones having a chance of survival are those who become global players, expanding their activities on a global scale, instead of restricting themselves to safeguarding local assets. Globalization does not only refer to the economic dimension, but also to communication technologies, ecology, organization of work, culture and the civil society. Globalization can be defined as “a complex, economic, political, cultural and geographical process in which the mobility of capital, organizations, ideas, discourses and people has taken a global or transactional form transnational corporations are using the profit motive to guide their factories towards developing nations in search of “cheap” female labor. Globalization is the process of growing, developing and expanding the business, services and technologies throughout the world. Globalization enthusiasts argue, will translate into higher rates of economic growth and improvements in people's standard of living. Globalization is increasing substantially and is creating new opportunities for especially developing countries, which are now able to attract foreign investors and foreign capital. Dr. Neelu Jora "Globalisation and Its Impact on Women Empowerment" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-3 , April 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49822.pdf Paper URL: https://www.ijtsrd.com/management/other/49822/globalisation-and-its-impact-on-women-empowerment/dr-neelu-jora