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 in a world where there is not a 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 *****o; it ***** that the world, as a community, must take responsibility for the health ***** welfare ***** the people around the *****. ********** are staunch anti-globalization protesters, who believe that globalization can be prevented, or "stopped" (Griffith, 2007, p. 283). It cannot ***** stopped and it cannot be prevented, because it is about br*****ging nations to a place of economic independence ***** *****y can maintain their own infrastructure and bring the population that depends largely on world charity, especially from the United States, out ***** poverty ***** into self reliance.

***** is, as ***** process of globalization unfolds, a nation ***** is at this point in time at the heart of globalization. This brief study will examine the 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. It might even be said that India stands as the ***** test market, and an effort will be made ***** examine how well ***** population ***** India has withstood ***** test.

Winston H. ***** (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.

The Cultural Effects of Globalization

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

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

The third cycle of globaliz*****ion in Lat***** America occurred ***** ***** onset ***** export-led ***** growth in the closing ***** 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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