Globalisation, marginalised people and environmental move-
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Answers
Explanation:
Globalisation has led to the opening up of the Indian economy to foreign direct investment by providing facilities for foreign companies to invest in different fields of economic activity and removing barriers and obstacles for the entry of multinational corporations. Supporters of globalisation see it as an engine of growth and technical advancement. Critics argue that it has widened the gap between nations, led to the exploitation of resources, the destruction of the environment and a loss of national sovereignty. In the Indian context, while globalisation has accelerated the flow and interconnectedness of capital, goods, information, people and technology, it has also intensified disconnection, exclusion and marginalisation while creating a new privileged minority within the disadvantaged section of society. This article shows how globalisation touches upon issues of well-being and social justice and analyses its effects on the marginalised to understand rising inequalities in India.
Journal Information
World Affairs is a leading journal, printed and published in India. It seeks to provide the much needed Asian and the developing world's perspective on issues of global significance. It stimulates interaction and debate between developed and scholars and decision makers in all countries. The journal addresses a wide range of readers and reaches out to world leaders, politicians, industrialists, academics, students, and the general public while focusing on the changing socio-politico-economic situation and equations in the world today, taking into account historical factors as well as futurological projection.
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