Essay - Globalization the Effects of Globalization in India. the Economics of...


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Globalization

***** Effects of Globalization in India.

The economics ***** a free trade society cannot flourish ***** a world where there is not ***** forward progressive economic development going on. Globalization ***** about creating an economic balance around the globe, which means eliminating third world poverty in order that those nations are able to participate and compete in a world economy. The suggestion of a ***** economy has other implications *****o; it means that the world, as a commun*****y, must t*****ke responsibility for the health and welfare of ***** people ***** the *****. ********** are staunch anti-globalization protesters, who believe ***** globalization can be prevented, or "stopped" (Griffith, 2007, p. 283). It cannot ***** stopped and it cannot be prevented, because it is about br*****ging nations to a place of ***** independence ***** *****y can maintain their own infrastructure and bring the population that depends largely on ***** char*****y, especially from ***** United States, out ***** poverty ***** into self reliance.

***** is, as the process of globalization unfolds, a nation that is at this point in time at the heart of globalization. This brief study will examine the effects of globalization in India, which began more than two decades ago, and continues into the present day. ***** ***** ***** have become almost synonymous; it is difficult to speak of one without the other. ***** might even be said that India stands ***** the globalization test market, and an effort will ***** made to ***** how well the population of India has withstood that test.

Winston H. ***** (2007), reviewing ***** book, Winners ***** Losers, reports that economic analyst and author Guillermo de la Dehesa (2006), takes the position ***** the pro-globalization argument, ***** actually supports that argument with sound logic and facts.

***** Cultural Effects of Globalization

For the opponents of globalization it might, or might not, help *****m to put into perspective globalization in terms of hist*****y. ***** ***** with the migration of persons from one boundary to an***** in the earliest years of mank*****d's realization that there were trade items he wanted, or his community wanted, that were ***** readily avai*****ble to t*****m in their geographical location, ***** ***** ***** items could be obtained through ***** with ***** geographically located elsewhere (Orozco and Baolian Qin-Hilliard, 2004, p. 42). During this ***** of trade, individuals ********** moving from region to another; f***** instance, in 1492 ***** 1800 *****orced migration through slavery brought Africans ***** nearly every European colony that existed during those times around the globe, including the Caribbean, America, and other South American ***** (Orozco and Baolian *****, 2004, p. 42).

***** and Baolian Qin Hilliard say that globalization was in its ***** stage at the end of the 19th century (p. *****). They say:

The third cycle of ***** in Latin America occurred ***** the onset ***** export-led ***** growth in the closing decades of the nineteenth century. The timing differed ***** place to place, but the process quickly assumed similar characteristics throughout Latin America. West

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