Christ University, Bangalore

Young Economist Competition-2012

Department of Economics Organizes

The Flat World: Threats and Prospects of Global Economic Integration

January 30, 2012

The Flat World: Threats and Prospects of Global Economic Integration

Globalization has become an increasingly prominent feature of economic, social and political discourse, not just within the academic community, but also in the world of policy making. One of the contested aspects of globalization concerns its geographies and especially whether globalization is rendering the significance of location and place redundant and irrelevant. Globalization, especially driven by the revolution in Information and Communication Technologies marks the emergence of a ‘borderless world’. The deregulation of markets by states and increasing economic integration have contributed to a marked time-space compression of economic processes, due to which there is no longer any friction of distance in economic relationships. The convergence of the ten flatteners, as identified by Friedman, viz, the rise of the PC, Netscape, work flow, outsourcing, off shoring, uploading, insourcing, supply-chaining, informing, and the steroids have created a whole new platform that transcends distance, place and geography and in the near future , even language.Globalization as approximated by increasing economic integration can lead to a more agglomerated or uneven world as well as to more spreading or a more even spatial distribution of economic activity. Many of the changes and forces that have emerged as a result of globalization are clearly very relevant and pose new challenges for researchers and policy makers. There is a sizable body of opinion and evidence that globalization is not flattening the world economy but accentuating its unevenness Given the scenario, an important issue to be debated is to whether, and to what extent, the sort of processes identified by Friedman as ‘flatteners’ are promoting the spatial concentration or dispersion of economic growth and wealth.

In the given context, we are inviting papers from budding economists on the following themes:

Globalization in Production

Globalization in Consumption Globalization in Financial Sector

Services Globalization in Other Services Multilateral borrowing Agreements by

the Government Important Dates

Date of Competition: January 30, 2012 Last date for submission of abstract: October 25, 2011 Notification of short listed abstract: November 1, 2011 Last date for submission of full papers by short listed candidates: December 30, 2011 Announcement of candidates selected for making presentation: January 5, 2012

Pre-requisites

A certificate from the Principal/HOD as a proof of candidature and a testimonial of his/her original work.

Photography of the participant’s college identity card along with contact address, email id and telephone number needs to be provided.

General guidelines

Co-authored papers will not be considered.

No limits on the number of entries from individual colleges.

Winners will be awarded

For Details Contact:

gerard.rassendren@christuniversity.in greeshma.manoj@christuniversity.in santhosh.kumar@christuniversity.in

Phone: 08040129460, 9739761750

First – Rs.10,000 Second -Rs 7,000 Third –Rs. 5,000