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


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Globalization

The Effects of Globalization in India.

***** economics ***** a free trade society cannot flourish ***** a world where there is not ***** forward progressive economic development going on. Globalizati***** is 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 too; it ***** that the world, as a community, must t*****ke responsibility for the health ***** welfare ***** ***** people around the globe. ********** 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 ***** about br*****ging nations to a place of ***** independence ***** ********** can maintain their own infrastructure ***** bring the population that depends largely on ***** charity, especially from the United States, out ***** ***** and into self reliance.

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

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

***** Cultural Effects ***** Globalization

For the opponents of globalization it *****, or might not, help them to put into perspective globalization in terms ***** history. ***** ***** w*****h the migration of persons from one boundary to a*****her in the earliest years of mank*****d's realization that there were trade items he wanted, or his community wanted, that were not readily available ***** ***** in t*****ir geographical location, and ***** those items could be obtained through ***** with ***** geographically located elsewhere (Orozco and Baolian Qin-Hilliard, 2004, p. 42). During this process of trade, individuals ********** moving from region to a*****her; for instance, in 1492 and 1800 forced ***** ***** slavery brought Africans ***** nearly every European colony that existed dur*****g those times around the globe, including the Caribbean, America, and o*****r South ********** nations (Orozco and Baolian *****, 2004, p. 42).

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

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

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