The best example is that of the US-China trade war currently unfolding.
Not exactly. Just after World War II, the world was expected to be a freer and more democratic place. Instead, the lust for territories and establishing hegemony pushed the world into a cold war – a reverse globalization of sorts.
Reverse globalization is thus a macro phenomenon having its effect on various socio-economic issues.
The answer lies in the prevailing socio-economic-political conditions.
The world today is battling with poverty and unemployment at the same time. In fact, in countries like India, unemployment has been at a 45-year high. With more conservative governments coming into power in countries like the USA and Brazil, closing the borders becomes the natural and easiest option to battle unemployment.
Many religious groups have been mounting pressure as clashes between more urban global values and traditional customary morality have increased. Cases of Charlie Hebdo in France, Sabrimala temple women entry movement in India, and blasphemy issues in Pakistan are a case in point.
Vote bank politics and regionalism have also aggravated grievances against migration due to globalization.
In the economic arena, new fault lines have emerged due to excessive dependence on one nation. China today is the “factory of the world.”
Let us now turn towards the various manifestations of reverse globalization.
Countries are increasingly self-asserting themselves even against such institutions. This became clear when China refused to obey the ruling of the International Court of Justice (ICJ) in favor of the Philippines regarding the South China Sea dispute.
Amidst the COVID-19 pandemic, rather than showing global support at COVAX facility of WHO, countries are busy in The USA has already bought millions of doses to be first given to its own citizens rather than the most vulnerable of the lot, reflecting an policy.
Globalization came at its peak when almost all nations across the world came forward to act as a unified form against climate change. The Paris Climate Agreement in 2015 was a result of it.
The wave of reverse globalization has even affected our households.
In fact, the effects of this reverse globalization have had an impact on the global world order.
Gunnar Myrdal in his classic book ‘Asian Drama’ had painted a very pessimistic picture of Asia in the 1960s. Asia belied all such expectations.
This has only hardened the outlook of the USA for reverse globalization reflected in “Make America Great Again.”
The key lies in strengthening multilateral institutions like the UN. The WTO has not been allowed to function since last year now. The need is to reform it and other such institutions like the UN Security Council to reflect the current global reality.
Further, China needs to be accommodated in the new order as a global power. India here can act as a ‘negotiator’ and ‘consensus builder’ among the nations on various issues.
Amidst the chaos, Gandhiji’s saying should be remembered – Humans should be treated as an end in itself. New fault lines can be filled if each one becomes more accommodative and debate & deliberate with an open outlook. Then only we can forge a world, in the words of Rabindranath Tagore –
To master these intricacies and fare well in the Sociology Optional Syllabus , aspiring sociologists might benefit from guidance by the Best Sociology Optional Teacher and participation in the Best Sociology Optional Coaching . These avenues provide comprehensive assistance, ensuring a solid understanding of sociology’s diverse methodologies and techniques
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Essay on Globalisation: The growth of the country’s economy and its higher integration on par with the global economic standards is described as globalization. Foreign investment in corporate, scientific and education sectors has created a financial and political impact on the country’s economy. Globalization increases employment opportunities, higher compensation rates, and naturally raises living standards. It creates a wider market for job outsourcing, access to higher technology aspects and global markets.
Below we have provided Globalisation Essay in English, suitable for class 6, 7, 8, 9 & 10.
Globalisation is an expansion of various business, services, and technologies to the global market. We can define globalisation as a process of interaction among people, companies, and governments worldwide. In economic terms, globalisation can be described as the interdependence of the different countries to foster the trade beyond their boundaries.
The effects of globalization are very much visible in all the countries around the globe; hence, they can be seen on the Indian economy. India is one of the countries where competitiveness increases immensely after globalisation. Globalisation forced Indian companies to opt for new business strategies to produce better and on-time results. Globalisation hit India in 1990, Mr. Manmoham Singh was the finance minister of India. Since then, the country is doing good on the economic front and moving towards to become a strong and powerful economy in the world.
Till 1990’s Indian economy was not open for globalisation as it was constrained by the barriers to trade and investment liberalisation in the country. But after a major crisis in the Indian economy, it removed all the barriers and opened its economy for the globalisation to receive a positive push. Reduction in the number of areas reserved for the public sector, initiating the privatisation programme, and amendment of the monopolies are among a few of them. Over the year, India has been witnessing steady liberalisation and globalisation, and more sectors are now opened up for direct foreign investment. Other new sectors like telecom, airports, insurance etc. are welcoming the direct foreign investment.
Globalisation in India has increased the competitiveness in business. After adopting the LPG model (Liberalisation, Privatisation, and Globalisation) of the economy, India’s economy has witnessed rapid growth.
Transfer of Technology: Globalisation acts as a mechanism for transferring the technology from the developed countries to the under-developing countries like India. India’s present economy and technology allow Indian companies to invest a little amount in R&D (Research and Development).
Rise in Employment: Globalisation led the development of SEZ (Special Economic Zones) where more jobs are created. Indian offers cheap labour, so many developed countries have started to outsource their work to India.
Improved Standard of Living: The shopping habits of Indians changed after globalisation hit the country. Living standards of Indians have improved a lot in the past few decades.
Reduce Poverty: Globalisation has played a vital role to reduce poverty in India. We have developed a lot as a country, but poverty is still a severe challenge. Globalisation helped the Indian economy grow and give competition to other developed countries’ economy.
Education: Globalisation made it easy for those who want to move across the border to acquire better education. People from underdevelopment countries have started to move to developed countries to get a better education.
Unemployment: Globalisation has created many new opportunities in terms of job and business, but on the other hand, it has become a big reason for unemployment . When a country outsources its services, it takes the opportunity from its citizens and gives it to other country’s people to earn more benefit. The same is happening now because of globalisation.
Dominant Global Brands: In the era of globalisation, the competition has reached its peak, and in such a competitive environment, it becomes difficult for the small industries to survive. The dominant global brands don’t let the small industries to grow. Superior technologies hold the most of market share and for new and small industries to hold a good grip on the market becomes a challenge.
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This article is based on “ Will COVID-19 affect the course of globalisation? ” “ Internationalising the Covid-19 crisis ”, “ A global pandemic and globalisation ", “ Coronavirus and the Future of Globalization ”. It talks about the impact of Covid-19 on the course of globalization.
Globalisation envisages a borderless world or seeks world as a global village. It may be attributed by accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.
Over the past three decades (from 1990-2020), globalization has dominated the world’s economic order. Trade without tariffs, international travel with easy or no visas, capital flows with few impediments, cross-border pipelines and energy grids, and seamless global communication in real-time appeared to be the goals towards which the world was moving.
However, on the negative side, globalization has been criticised on account of exacerbating global disparities, spread of international terrorism and cross-border organised crime, and allow for the rapid spread of disease.
These trends pave way for an anti-globalization or protectionism sentiment, which may further amplify due to the spread of the Covid-19 pandemic.
The globalisation had already begun to plateau or stagnate since the 2008-09 global financial crisis (GFC) . This can be seen in many dimensions:
Slowing Globalization of Trade
Slowing Globalization of Information
Slowing Globalisation of People
Slowing Globalisation of Energy
Due to these factors, international media is referring to the process of globalisation by the term ‘slowbalisation’.
The ongoing phase of globalisation hasn’t fully recovered from systemic shocks given by GFC. However, the spread of Covid-19 pandemic presents a challenge of a different magnitude.
Globalisation has brought more good than harm. Therefore, nations must work together for a better future through globalisation, as climate change, pollution and global warming issues can only be tackled through collective action. In this context, world can take inspiration from India, as India is exporting Hydroxychloroquine in response to demand by other countries for treatment of Covid-19.
Discuss the impact of Covid-19 on the process of globalization. |
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Exam date: 21-09-2024.
Q1. Underline the changes in the field of society and economy from the Rig Vedic to the later Vedic period. (Answer in 150 words) 10 Marks
Q2. Estimate the contribution of Pallavas of Kanchi for the development of art and literature of South India. (Answer in 150 words) 10 Marks
Q3. What were the events that led to the Quit India Movement? Point out its results. (Answer in 150 words) 10 Marks
Q4. What is sea surface temperature rise? How does it affect the formation of tropical cyclones? (Answer in 150 words) 10 Marks
Q5. Why do large cities tend to attract more migrants than smaller towns? Discuss in the light of conditions in developing countries. (Answer in 150 words) 10 Marks
Q6. What is the phenomenon of ‘cloudbursts’? Explain. (Answer in 150 words) 10 Marks
Q7. What is the concept of a ‘demographic winter’? Is the world moving towards such a situation? Elaborate. (Answer in 150 words) 10 Marks
Q8. Distinguish between gender equality, gender equity and women’s empowerment. Why is it important to take gender concerns into account in programme design and implementation? (Answer in 150 words) 10 Marks
Q9. Intercaste marriages between castes which have socio-economic parity have increased, to some extent, but this is less true of interreligious marriages. Discuss. (Answer in 150 words) 10 Marks
Q10. In dealing with socio-economic Issues of development, what kind of collaboration between government, NGOs and private sector would be most productive? (Answer in 150 words) 10 Marks
Q11. “Though the great Cholas are no more yet their name is still remembered with great pride because of their highest achievements in the domain of art and architecture”. Comment. (Answer in 250 words) 15 Marks
Q12. How far is it correct to say that the First World War was fought essentially for the preservation of balance of power? (Answer in 250 words) 15 Marks
Q.13 How far was the Industrial Revolution in England responsible for the decline of handicrafts and cottage industries in India? (Answer in 250 words) 15 Marks
Q14. The groundwater potential of the gangetic valley is on a serious decline. How may it affect the food security of India? (Answer in 250 words) 15 Marks
Q15 . What are aurora australis and aurora borealis? How are these triggered? (Answer in 250 words) 15 Marks
Q16. What is a twister? Why are the majority of twisters observed in areas around the Gulf of Mexico? (Answer in 250 words) 15 Marks
Q17. What is regional disparity How does it differ from diversity? How serious is the issue of regional disparity in India? (Answer in 250 words) 15 Marks
Q18 . Despite comprehensive policies for equity and social justice, underprivileged sections are not yet getting the full benefits of affirmative action envisaged by the Constitution. Comment. (Answer in 250 words) 15 Marks
Q19. Globalization has increased urban migration by skilled, young, unmarried women from various classes. How has this trend impacted upon their personal freedom and relationship with family? (Answer in 250 words) 15 Marks
Q20. Critically analyse the proposition that there is a high correlation between India’s cultural diversities and socio-economic marginalities. (Answer in 250 words) 15 Marks
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Cons of Globalisation. Increasing Inequality. The general complaint about globalization is that it has made the rich richer while making the poor poorer. The UN Development Program reports that the richest 20% of the world's population consume 86% of the world's resources while the rest 80% consume just 14 percent.
Globalization. Globalisation is the phenomenon of rising integration, interdependence, and interconnectedness of the global community (socially and economically). Economic reforms: In 1991, India implemented a series of economic reforms that aimed to liberalize the economy, open up to foreign investment, and encourage private sector ...
The UPSC Civil Services Examination (CSE) is one of India's most prestigious tests, aimed at selecting candidates for diverse civil services roles such as IAS, IPS, and IFS. Administered annually by the UPSC, this examination is known for its rigorous selection procedure, encompassing Prelims, Mains, and a Personality Test/Interview.
Summary. The effects of globalization on Indian society are manifold and have been discussed in detail. The process of globalization has changed the industrial pattern and social life of people. This has had an immense impact on Indian trade, finance, and cultural system. The globalization of the economic, social, and cultural structures ...
8. Indian Democracy: From Emergence of Electoral Politics to Democratic Institutions. Explore the effects of Globalisation on Indian society—benefits like economic growth and challenges such as threats to local industries and agriculture.
Why in News. Globalization 4.0 was the theme for World Economic Forum Annual Meeting 2019 held in Davos, Switzerland in January 2019.; Under the rubric of Globalization 4.0, a series of "Global Dialogues" in Davos focused on the interrelated areas namely geopolitics, future of global economy, global dialogue on industry systems etc.; Globalization 4.0 ...
Globalisation & Indian Society. Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Modern globalization originated with the end of the Cold War and the disintegration of the Soviet ...
Impact of Globalization on Indian Agriculture. Globalization has had both positive and negative impacts on Indian agriculture. Positive impacts. Increased market access: Globalisation has allowed Indian farmers to sell their products to more people around the world. This could make them more money.; Technological advancements: Globalization has helped Indian farmers learn modern farming methods.
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Being multi-dimensional and global in nature, this process has effects on the environment, on culture, on political systems, on ...
Beginning of Globalization. Formally after demise of C.W-1990s—End of history (Fukuyama) & N.W.O (Ascendency of Neo liberalism)- Est of WTO marked its highest point. Marxists— It begin with beginning of capitalism in 17th cen—. Marx— "Search for profits will take bourgeoise to settle everywhere & nestle everywhere".
Globalisation refers to the movement of ideas, capital, commodities, and people. The capacity of ideas, capital, commodities, and people to flow more readily from one region of the world to another is primarily due to technical improvements. Globalisation has political, economic, and cultural expressions, all of which must be recognised.
Globalization and its impact on Indian Economy Globalization (or globalization) describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade. Positive impacts- Investments +new jobs,local companies supplying raw materials, etc. to these industries have prospered. Indian companies gained from ...
Globalization emerges as a central theme, consistently echoed throughout literature and across various academic discussions.This chapter deconstructs the essence of globalization, examining its primary drivers and delving into its political, economic, and cultural implications.A notable aspect of inquiry revolves around interplay between India and globalization: finding the influence of this ...
Ever since the exam pattern was revamped in 2013, the UPSC has eliminated the need for a second optional subject. Now, candidates have to choose only one optional subject for the UPSC Mains, which has two papers of 250 marks each. One of the compelling choices for many has been the sociology optional.
Economics Data Paper III- Important Facts and Figures for UPSC Mains 2020. Economics. Year 2020. ENGLISH. View / Download. Polity-Important Constitutional Articles Judgements and Acts for UPSC Mains 2020. ... Impact of Globalization on Indian Society. Social Change in Modern Society. Year 2020. ENGLISH. View / Download. PDS, Buffer Stock and ...
Globalisation can be defined as a process of integration of the Indian economy with the world economy. Globalisation has been taking place for the past hundred years, but it has sped up enormously over the last half-century. It has increased the production and exchange of goods and services. Globalisation is a positive outcome of privatisation ...
Self-Reliance: Possibilities and Challenges. As the majority of the businesses worldwide face disruptions and economic fallout after the COVID-19 pandemic, India will have the opportunity to build an economy that is more resilient, diversified, and attractive to the global manufacturers and services.India with its large population has a big potential to become the manufacturing hub of the world.
Globalization is the word that describes the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries.
This article discusses the effects of globalization on Indian society with a focus on economic liberalisation, the role of multinational corporations, job creation, consumer products market, protein inflation, and the shrinking agricultural sector. It also touches upon the impact of international norms imposed by organizations such as the WTO on Indian farmers and the increasing dependence on ...
VIKASH RANJAN SIR at TRIUMPH IAS guides students according to the Recent Trends of UPSC, making him the Best Essay Teacher for Essay writing UPSC. At Triumph IAS, the Best Essay Writing Coaching platform, we not only provide the best study material and applied classes of Essay for IAS but also conduct regular assignments and class tests to ...
The influence that globalisation has had on the economy of India. In general, various aspects of India have been made better as a result of globalisation, including the following: 1)Relations pertaining to international 2)commerce. 3)Economy. 4)The intersection of science and technology. 5)The world of business.
Essay on Globalisation: The growth of the country's economy and its higher integration on par with the global economic standards is described as globalization. Foreign investment in corporate, scientific and education sectors has created a financial and political impact on the country's economy. Globalization increases employment ...
UPSC GS Paper 1 Society Section: Contemporary Issues, Migrants, Gender, Intercaste Marriages ... the question can be understood as a part of the larger topic of the impact of globalization on women. The introductory paragraph could have mentioned why such migration. ... the question on the underprivileged section was an old form of essay-type ...
Globalisation envisages a borderless world or seeks world as a global village. It may be attributed by accelerated flow of goods, people, capital, information, and energy across borders, often enabled by technological developments.. Over the past three decades (from 1990-2020), globalization has dominated the world's economic order.Trade without tariffs, international travel with easy or no ...
Hi Please find the UPSC Mains 2024 GENERAL STUDIES PAPER 1 (GS1) Paper below: Underline the changes in the field of society and economy from the Rig Vedic to the later Vedic period. Estimate the contribution of Pallavas of Kanchi for the development of art and literature of South India. What were the events that led…
Exam Name: UPSC IAS Mains General Studies (Paper-1) Year: 2024 Exam Date: 21-09-2024 Q1. Underline the changes in the field of society and economy from the Rig Vedic to the later Vedic period. (Answer in 150 words) 10 Marks Q2.