globalisation
Date Submitted: 03/03/2002 02:44:27
Category: / Law & Government / Government & Politics
Length: 6 pages (1769 words)
Category: / Law & Government / Government & Politics
Length: 6 pages (1769 words)
The economic transformation that India has experienced in the past decade--and its India's poor are still waiting for the results of globalization to trickle down.
ARKO DATTA/AFP
effects on a population of more than 1 billion--make the country an important test case for the impact of globalization. In the past few years, a number of my friends have gone back to India from the United States, mostly to partake in the once-booming software industry. India …
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… socioeconomic and political trends in India. "The sector is 95 percent for export. It should be more oriented to the domestic economy."
With the poor increasingly left to the whims of the market, there is little chance that things will improve significantly for them in the near future. As for the affluent, they are cheering the changes since Indira Gandhi's days. Unlike the poor, they don't have to wait for the results to trickle down.
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