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Type II (b) Globalization (Immaterial.pptx
This document discusses Type II (b) globalization, which is the globalization of the world of finance. It is considered a form of immaterial globalization where the financial system has become increasingly independent on a global scale. The world of finance now plays an important role in business growth through pure financial institutions like international banks that exemplify pure financial globalization.
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Type II (b) Globalization (Immaterial.pptx
- 1. Type II (b)Globalization (Immaterial) • The financial type 11 (b) is the globalization of the world of finance. • It is pure financial type globalization • The world of finance is increasingly becoming an independent system. Its plays a very important role for the growth of any business. • It has been considered within the business type matrix and it is placed at lower left corner of the globalization model. • Pure financial institutions ( international banks) are the examples of Pure financial globalization