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 in a world where there is not a 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 *****o; it means that the world, as a commun*****y, must t*****ke responsibility for the health and welf***** of ***** people around the globe. *****re are staunch anti-globalization protesters, who believe ***** globalization can be prevented, or "stopped" (Griffith, 2007, p. 283). It cannot be stopped and it cannot ***** prevented, because it is about br*****ging nations to a pl*****ce of ***** independence ***** *****y can maintain their own infrastructure ***** bring the population that depends largely on w*****ld char*****y, especially from ***** United States, out ***** ***** and into self reliance.

India is, as the process of globalization unfolds, a nation that is at this point in time ***** the heart of globalization. This brief study will examine ***** effects ***** globalization in India, which began more than two decades ago, ***** continues into the present day. ***** and ***** 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 be made ***** examine how well ***** population ***** India ***** withstood that *****.

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

The Cultural Effects of Globalization

For the opponents of globalization it *****, or might not, help them to put into perspective globalization in terms ***** hist*****y. ***** ***** with 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 avai*****ble to ***** in t*****ir geographical location, and that those items could be obtained through trade ***** ***** geographically located elsewhere (Orozco and Baolian Qin-Hilliard, 2004, p. 42). During this *****rocess ***** trade, individuals began moving from region to a*****her; for instance, in 1492 and 1800 ********** ***** through slavery brought Africans to nearly every European colony that existed dur*****g those *****s around the globe, including the Caribbean, America, and o*****r South American ***** (Orozco and Baolian Qin-Hilliard, 2004, p. 42).

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

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

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