Liberalisation

Lesson 2 of 5 • 7 upvotes • 10:11mins

Arti Vaghela

Liberalization Positive effects of liberalization Increase in direct foreign investment Enhancement in the growth of GDP Reduction in industrial recession Employment Development of infrastructure Risky in export Negative effects of the liberalization Increase in regional disparities Damage to cottage and small scale industries Sophisticated technology Investment in selected industries Comparatively little direct investment Economic and political freedoms are at stake Inflation