Globalization for any country is mainly for it’s economic development and to fulfill the long term objectives.Some of them are-

1.Increase in investments.

A country opting Globalization welcomes the other countries to invest in them considering the domestic and international policies. It facilitates financial flow,development in trade increase in employment opportunities.

2.Savings

There is a direct relationship between Investment and savings.They play a major role in development.Investment leads to increase in income which further elevates savings.Savings leads to further investment.

3.Transfer of technology

Transfer of technology plays a huge role as it is necessary to upgrade from old methods and invest in research and development which helps to create advanced technology.The best example is E commerce,that has revolutionised international marketing methods and has simplified buying and selling.

4.Foster growth

Considering GDP growth per capita(GDP/population of that country),an increase in GDP denotes that it has increased the growth and increased standard of living of the people.

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