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 ***** 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 too; it means that the world, as a commun*****y, must take responsibility for the health ***** welfare of ***** people ***** the globe. There are staunch anti-globalization protesters, who believe ***** globalization can be prevented, or "stopped" (Griffith, 2007, p. 283). It cannot be sto*****ped and it cannot be prevented, because it is about bringing nations to a pl*****ce of ***** independence ***** ********** can maintain their own infrastructure and bring the population that depends largely on ***** charity, especially from the United States, out of ***** ***** into self reliance.

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

***** H. Griffith (2007), reviewing the 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.

The 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. Globalization began w*****h the migration of persons from one boundary to an***** in 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, and ***** ***** items could be obtained through trade with ***** geographically located elsewhere (Orozco and Baolian Qin-Hilliard, 2004, p. 42). During this ***** of trade, individuals began moving from region to another; for instance, in 1492 and 1800 forced ***** ***** slavery brought Africans ***** nearly every European colony that existed dur*****g those *****s around the globe, including the Caribbean, America, ***** o*****r South *****n ***** (Orozco and Baolian *****, 2004, p. 42).

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

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


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