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

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The Effects of Globalization in India.

The economics ***** a free trade society cannot flourish in a world where there is not ***** forward progressive economic development going on. Globalization 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 *****o; it means that the world, as a community, must t*****ke responsibility for the health and welf***** ***** ***** people ***** the globe. There are staunch anti-globalization protesters, who believe that globalization can be prevented, or "stopped" (Griffith, 2007, p. 283). It cannot ***** stopped ***** it cannot be prevented, because it is about br*****ging nations to a pl*****ce of ***** independence where they can maintain their own infrastructure and bring the population that depends largely on w*****ld charity, especially from the United States, out of poverty and into self reliance.

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

***** H. ***** (2007), reviewing ***** book, Winners and Losers, reports ***** economic analyst ***** author Guillermo de la Dehesa (2006), takes the position of the 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 ***** perspective globalization in terms ***** history. ***** ***** with the migration of persons from one boundary to a*****her ***** the earliest years of mankind's realization that there were trade items he wanted, or his community wanted, that were not readily available ***** them in their geographical location, ***** that those items could be obtained through ***** with persons 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 and 1800 ********** migration ***** slavery brought Africans ***** nearly every European colony that existed during those *****s around the globe, including the Caribbean, America, ***** other South American ***** (Orozco and Baolian *****, 2004, p. 42).

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

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


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