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

India is, as ***** process of globalization unfolds, a nation ***** is at this point in time at 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. ***** and globalization have become almost synonymous; it is difficult to speak of one without the other. ***** might even be said that India stands as the ***** test market, and an effort will ***** made to examine how well ***** population ***** India ***** withstood ***** *****.

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

***** Cultural Effects of Globalization

For the opponents of globalization it *****, or might not, help ********** to put ***** perspective globalization in terms of history. Globalization began with the migration of persons from one boundary to an***** in the earliest years of mank*****d'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, and that ***** items could be obtained through trade ***** ***** geographically located elsewhere (Orozco and Baolian Qin-Hilliard, 2004, p. 42). During this ***** ***** trade, individuals *****gan moving from region to another; f***** instance, in 1492 and 1800 forced migration ***** slavery brought Africans ***** nearly every European colony that existed dur*****g those *****s around the globe, including the Caribbean, America, ***** o*****r South American ***** (Orozco and Baolian Qin-Hilliard, 2004, p. 42).

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

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

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