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. Globalizati***** ***** 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 world economy has other implications too; it means that the *****, as a commun*****y, must take 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 be stopped and it cannot ***** prevented, because it is about bringing nations to a place of economic independence where ********** can maintain their own infrastructure and bring the population that depends largely on w*****ld char*****y, especially from ***** United States, out ***** poverty ***** into self reliance.

***** is, as the process of ***** unfolds, a nation ***** 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, 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 ***** stands ***** the ***** test market, and an effort will ***** made ***** examine how well ***** population ***** India ***** withstood ***** *****.

Winston 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, ***** actually supports that argument with sound logic and facts.

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

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

***** and Baolian Qin Hilliard say that globalization was in its ***** stage at the end of the 19th century (p. 42). They *****:

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

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