Is Globalization Really Necessary?

09/03/2012 15:30

 

S Harikirankumar Reddy said: (Fri, Mar 2, 2012 10:43:23 PM)    
 
Yes, Globlization is important for Indian economy.It is necessary in today's world as it has positive impact. Through globalisation, many existing problems has been cleared such as unemployment, low living standard, poverty etc. As because of globalization, multi national companies have been set up in India creating large scale of employment.

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Nagesh Reddy said: (Fri, Mar 2, 2012 04:44:22 PM)    
 
Besides various advantages, globalisation led to loss of cultural and traditional trends and their values from minds of today's youth. In race of westernization they are forgetting their moral values and their mother languages as well.

The major adverse effect being Brain-Drain. Our country sets best example of it. Highly skilled and talented people of our country are migrating for better carrier opportunities, better facilities, infrastructure and money; because of which India is losing their talent due to lack of better educational facilities, unemployment and for many more reasons.

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Malatesh.Karamudi said: (Sun, Feb 19, 2012 10:10:03 PM)    
 
Lot of my above friends are think that globalization is necessary but according to me now it is not necessary for India because still India is not fit for the globalization first it should increase its internal streanth then we have to sign for this globalization. Our nab our country china took three year to sign for globalization now see lot of products are of made in china products.

Another thing friends lots of our farmers loosing there life because of this globalization why because in the name of globalization our politicians selling our Indian land & raw materials to the other country propels become weltheir than us I will give you a funny example that china brought our Indian potatoes for just 40RS/kg & their potato chips for 140RS/kg see the difference.

Finally friends I am not opposing for welcoming the guests but you don't handover your home to them.

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Santosh Kumar Mohanty said: (Sat, Feb 18, 2012 02:38:59 PM)    
 
Hi all,

In todays Progressing world Globalisation is the most Important factor for each and every nation, as Globalisation at its peak allow different nation to communicate with thier economic,cultural and technical aspects which determines the health of an nation. without globalisation it is quite difficult for the nation to become healthy in all these terms....

If any thing is wrong please dont mind I just liked to participate So I did ..

Thank you,

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Sawan said: (Sat, Feb 11, 2012 03:11:07 PM)    
 
Globalisation mean generally sharing of goods, sevices, culture, technology, and thoughts in between two or more contries. In todays scenario it is very much necessary, as evryone in this world want to become powerful in terms of economy, technology and culturaaly. This is only possible by globalisation because due to this a competative enviroment created between nation wise by which general people of evry country may benifited.

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Anu said: (Mon, Feb 6, 2012 12:36:14 AM)    
 
As per my point of view globalization is necesssary because. It give the opportunities to setup multinational companies in India and to solve many large existing problems and provide many opportunities in today's environment in India such as creating a large scale of employment, incresing Indian economy and living standard of people and give the opportunties to cope up with current competitive world environment standards.

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M. Srikanth Sri@Bme said: (Sun, Feb 5, 2012 05:54:40 PM)    
 
Whenever we speak about GLOBALIZATION, we consider all things behind it. Nowadays the burning topic is "FDI" implementation. It is one of the topic relate to globalization. If it is implement it creates many more jobs somebody said, but in other side of coin it has the adverse affect like BRAIN DRAIN also, and the grip of handover gradually will be given to foreigners, we movingly addicts to their products. So, better to care of all those things. If at all, implement these things, WE SHOULD BETTER THINK TWICE BEFORE IMPLEMENTING IT. But, without globalization it is not competitive country, itself can't creates the strength of its own nation.

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Ram Rai said: (Sun, Jan 22, 2012 12:28:51 PM)    
 
Globalization... What does it mean?..... In real sense, it means integration of country economy with world economy. The question regarding it's importance in world's economy has been raised. As per my point of view, it is necessary in today's world as it has positive impact. Through globalisation, many existing problems has been cleared such as unemployment, low living standard, poverty etc. As because of globalization, multi national companies have been set up in India creating large scale of employment.

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Atul Kumar Sharma said: (Wed, Jan 11, 2012 01:55:43 PM)    
 
Yes, Globlization is important for Indian economy because since 1991 when India open the door for globalization employement rate is increases day by day. After 1991.

India is one of the fastest growing economy in the world and it account's to 2% (approx) of the world GDP. It is true that our Goverment has limited resources and they can not provide job to each and every one. Its only because of globalization that youth of India not faceing the problem of unemployment. The get the after completing their studies. India's company performing very on inter national level.

In the end I would like to say Indian should fix to both the sector. Our core sector i.e. agriculture and globalzation.

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Parshuram said: (Tue, Jan 10, 2012 03:45:56 PM)    
 
Globalization has its pros and cons. But it cannot be denied that the impact it has had on our country has been positive. It has helped Indian companies to become more competitive and ensured survival of the fittest.

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Sathis said: (Fri, Jan 6, 2012 03:21:45 PM)    
 
Ya. I agree with you. Globalisation is necessary because it helps to increase the standard of loving of the people. And also it makes the availability of the similar type of products all over the world. So the customers can enjoy the benefit. Because of globalisation the peoples income will be increase.

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Harsha Laddha said: (Thu, Dec 29, 2011 11:57:42 AM)    
 
Yes Globalization is necessary, for an economy to grow. Globalization refers to the integration of economic, technological, socio-political factors with the world. And with globalization, with the mutual co-operation and assistance - particularly with reference to the law of comparative advantage- it is going to be beneficial.

In present scenario globalization is leading a very imp role which can not be ignored. We all the people has been benefited by globalization through the amicable behaviour of each other countries. The interaction of international label is very mandatory for a growing country to improve its potentiality and spreading our strong points points and getting better opportunity to make itself developed.

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Devendra said: (Thu, Dec 29, 2011 11:53:10 AM)    
 
Globalization is necessary for any developing countriesYa. I agree with your point but using globalization poor becomes poorer. They always depend to others

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Milap said: (Sun, Dec 25, 2011 03:08:46 PM)    
 
Globalisation is really good in any aspect of developing counrty. If India wants to become a prosperous India should support global trade investments. Globalisation will help India to eradicat proverty and growth of economy will be seen. Globalisation will increase connectivety to developed nations and we get a better chance to find new path to developing to developed.

So the globalisation is really necessary to every nation to see their economy is growing rapidly and improving social networks.

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Bhadra said: (Fri, Dec 23, 2011 11:57:49 AM)    
 
Globalisation is one of the most important topics in the world.there are so many evidences,due to globalisation the relation between countries is increasing day by day.

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Niharika Singh said: (Thu, Dec 22, 2011 08:16:31 PM)    
 
Before saying yes or no....We need to analyze India's stand before Globalization. 

As so many of my friend has discussed the meaning of Globalization above. I wouldn't waste time on it. 

The wave of globalization appeared on India’s shores only in 1991, much after China’s and some other Southeast Asian countries. 

As a new participant in the globalization wave, India went through several structural and policy changes.

In 1991 India's GDP rate was 0.96%. Where as the current GDP rate for the financial year 2011-2012 is projected at 7.5% to 8%. 

From the 1991 onwards India is walking on the track of development. Globalization has affected everything positively from living standard to external trade and investment, from agriculture to banking and finance, from industry and infrastructure to global trade relations, and from education to employment.

So, we can say that Globalization has not only bring a new wave to the Indian economy
but also boosts it at a large scale.

India continues to grow at a rapid pace, although the government recently reduced its annual GDP growth projection from 9% to 8% for the current fiscal year ending March 2012. 

Though in this race of faster growing economies several of our Indian states lagging behind. A critical problem facing India's economy is the sharp and growing regional variations among India's different states and territories in terms of poverty, availability of infrastructure and socio-economic development. Six low-income states – Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Orissa and Uttar Pradesh – are home to more than one third of India's population. Severe disparities exist among states in terms of income, literacy rates, life expectancy and living conditions.

Corruption has been one of the pervasive problems affecting India. 

Every medicine has it's own side effects. So, it can't be said that it's unnecessary.
In fact, it is necessary to spread the development & globalization and reach out to the states which have been suffering in pace.

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Girish said: (Sat, Dec 17, 2011 03:55:43 PM)    
 
According to my opinion globalisation essential for a country like India ,as our country is abundant with human resources at the same time our financial resources are not sufficient to employ all of them.in such a situatoion it is a better to accept the concept of globalisation . it will solve such problem by accomodating them.for this purpose we must adopt a cent percentage globalisation in India.Now the present crucial issue is that to adopt retail trade or not? actually it is for the well being of our country ,and developing a quality conscious among the consumers in our country.so more and more illegal suppliers are compelled to supply the quality products to indian consumers, it automatically lead to overall development.

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Tamina said: (Tue, Dec 6, 2011 10:45:26 PM)    
 
Globalisation may boost our economy, but oue is at stake we are simpy imitating the western cultre thin k about it. Money or our identity?

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Raj said: (Tue, Dec 6, 2011 01:08:42 AM)    
 
Hello group,

I really respect the views I read by some friends here.

In my opinion globalization is really important for a country like India, because our government system is really weak compared to you. S or China in terms of common people's welfare. It not only brings the job opportunities but also the prosperous work culture and results oriented environment. It would give ample opportunity for people in India to interact with global standards and to think+learn beyond our diversified culture, that would add value for the future. Nowadays, Indian government of India talking out more FDI is also creating various ways towards Globalization.

There would always be some debate for and against the FDI (considering east India company, British raj, etc) but I feel everything has a meaning we give it. Most of the people can see commendable opportunity through globalization save if we observe and take it positively.

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Kaushik Mishra said: (Sat, Nov 26, 2011 11:17:17 AM)    
 
Thank you. Globalisation has become an expressions of common usage. Unfortunately or fortunately, it connotes different things to different people. To some, it represents a brave new world with no barriers. For others, it spells doom and destruction. In a broader sense, it can be said that the integration of world economies is truely globalisation.

The advocates of globalisation more especially from the developed countries, the process of globalisation for the time being is definitely a irreversible. Though our fellow countryman may not be getting paid as per the western counterparts, yet it is much better than the situation that existed a few years back. Per capita income has gone up and foreign investment has generated employment in a big way, thereby giving a boost to the related sectors like education etc. Globalisation has brought competition among the domestic companies as well and it is a win-win situation for at least the consumers.

It is not surprising, therefore, that a significant loss of political and civil liberties and less attention to social and human rights in many developing countries. Thus we are in the age of capital domination. If we surrender before them in the name of globalisation, we will get nothing but slavery.

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Mohammed Mohtahsim said: (Thu, Nov 24, 2011 06:16:06 PM)    
 
Hi friends,

Yes, I ma agree that globelization is needed for developing country like India.

This is the country where a large number of talent is living only we need plateform for them so if we need that platform for them we have ot share our ideas and our thought with other develop countries so that we can learn and experienced about new technologies.

At other side we know that cities are spreading but still we have a big part as villages and we are can produce row material and other thing like and can export. And we also can import thier technologies to improve how to increase our production and how to apply new technologies in rural areas so if we share our ideas and we will support globelization it will surely give benifit to our country and it will help our contry to become an developed country.

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Sailrit said: (Thu, Nov 10, 2011 11:52:51 PM)    
 
Globalization is the not only integration of economies but also integration of political,cultural and technical aspects between countries.A Country will develop when it acquires knowledge and expertise from other well develop countries.FDI AND FII Are integral part for booming the GDP of a country which is possible only due to globalization.Also, theory of absolute advantage says that a country should concentrate on producing goods which it is efficient in and import other goods for its benefit.
so, share and learn is the funda of globalization.

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Sagar said: (Wed, Oct 12, 2011 09:26:18 PM)    
 
To my concern Globalization is a necessary evil for any nation. Globalization helps in improving the economy growth and GDP (gross domestic profit) in various sectors but at the same time there starts dominance, monopoly later this can leads to other massive destruction. However westernization helps in exchanging cultures, traditions and many more across the world but this should not ruin its parent culture mean there should not be dominance over others culture, belief, tradition. Last but not least for any country's growth these are necessary to some particular extent beyond it is not advisable so globalization and westernization is a necessary evil for whole world.

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Sayee Pranathi said: (Fri, Sep 30, 2011 09:44:37 AM)    
 
Globalisation is of course a very essential one as it helps a particular country to know where it stands in the global economy, industrial development, literacy and lot more. Not only that people are exposed to many things which are happening in the outer world through globalisation. But in this struggle to success one should never forget his motherland and culture because a person should always show respect for his nation only after that comes all these stuff.

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Gopal said: (Thu, Sep 29, 2011 08:25:15 PM)    
 
Yes, globalization is much needed to grow individual as well as all nations. It will bring all the nations in the world on to single stage to perform their best and share some thing with others. If each share and exchange their knowledge, technology, resources, etc. Will bring prosperity and wealth. As we are all Know about the nations and their strengths in defense and nuclear wapans so we can not imagine the wast destruction.

Each and every nation should maintain healthy as well as friendly relationship with others otherwise it will leads massive destruction.

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Surendran said: (Sun, Sep 25, 2011 08:29:34 AM)    
 
Globalization is very important one our country. When comparing to other top developed countries in there economies and how they plane was implemented economically, education, industrial and etc. Since last 3 years we are very growing fast in economically. Globalization is necessary to achieve our goal.

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Amol said: (Mon, Sep 19, 2011 06:14:43 PM)    
 
Growth is needed without interaction with other nations one cannot develop.

So by sharing ideas, understanding each othert and co operating nations economy can be developed.

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Vivek More said: (Sat, Sep 17, 2011 12:36:55 AM)    
 
Why we are talking that globalization is vanishing no. Of cultures in the world, we should look at the new culture coming through due to globalization. It is better to have a one culture for whole globe so there will be no chance of third world war as well and the final culture will be the composite of all the cultures today breathing in this world so from my sense globalization is a need for world to save world.

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Aashiya Goyal said: (Thu, Sep 15, 2011 10:57:29 PM)    
 
Yes, globalization is necessary but every coin has two faces, likewise globalization also have some dark impact. Their is a throat cut competition among companies, belongs to developed countries, for using the resources of developing and poor countries. The best examples are Pepsico, coco-cola, Bisleri etc. All these companies serving India's drinking water globally, which causes water crisis in many areas of India, specially where the plants have been set up.

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Mayank Jain said: (Sat, Aug 27, 2011 09:43:06 PM)    
 
Globalization is much like fire. Fire itself is neither good nor bad. Used properly, it can cook food, sterilize equipment, form iron, and heat our homes. Used carelessly, fire can destroy lives, towns and forests in an instant. As Friedman says:.

"[Globalization] can be incredibly empowering and incredibly coercive. It can democratize opportunity and democratize panic. It makes the whales bigger and the minnows stronger. It leaves you behind faster and faster, and it catches up to you faster and faster. While it is homogenizing cultures, it is also enabling people to share their unique individuality farther and wider. ".

Globalization has dangers and an ugly dark side. But it can also bring tremendous opportunities and benefits. Just as capitalism requires a network of governing systems to keep it from devouring societies, globalization requires vigilance and the rule of law.

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Rohan said: (Sun, Jul 17, 2011 04:25:15 PM)    
 
Yes I believe globalization is necessary as it helps in raising the standard of living, creates jobs availabilty, ample income from multinationals investing. New resources. Techniques of productions. Quality products. N also the most important part of globalization helping in creating cordial relations between nations.

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Suman Singh said: (Mon, Jul 4, 2011 01:21:56 AM)    
 
I do believe that globalization is very important for a country to raise its economy level and it also help us to interact with different kind of people and culture. It help us to think in a broad way. Just nw a recent case about death of osama bin laden. I don't think it would have been possible by US government alone, it was depended on pakistan to help them and gat rid of his ill activities. So I think that globalization is very important not only for developing but also developed countries.

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Anand said: (Thu, Jun 30, 2011 09:49:18 PM)    
 
Globalization raises the standard of living. It will, lead to boost the economy and helps to integrate all the countries on a social platform. The technology advancement increases and with reduce time the resource are effectively utilized.

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Harry said: (Tue, May 31, 2011 03:30:28 AM)    
 
Yes it is very neccesary because globalisation will help in developing country economy, as it help in effective utilisation of resource with help of new technology adoptation, with list use of resource with less time.

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Caroline Jones said: (Thu, May 5, 2011 09:10:49 AM)    
 
I too feel Globalization is necessary. As John Donne the English Poet said 'No Man is an Island Entire unto himself'. We are all part of 'the global community' 'the globe' literally being the shape of the earth/planet we all live and survive on. Most things in life have a side effects of some kind or other; the side effects of globalization I believe are: spread of disease, loss of culture, loss of money... However globalization is a process not an outcome. It is happening and the world is fitting into its shape. Globalization is necessary. What is vitally important is that cultures such as those in India, China, Africa ARE NOT trodden on or diminished in the process. It is important that these cultures are PART OF THE GLOBALIZATION PROCESS, allowing for these beautiful cultures to be shared, learned about in our schools in the West, included on the curriculum and celebrated. In my experience as a teacher working in inner city London, working with ethnic minorities has enriched my life and understanding of the world. Meeting students from India, Pakistan, Eastern Europe, Africa, Turkey etc. etc. and hearing their stories about their culture has inspired me to visit their countries, as an artist, paint and have photography exhibitions based on these cultures e.g. my recent exhibition was on Kerala India. To me this is all part of globalization as I experience it.

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Bujji said: (Fri, Apr 29, 2011 02:10:59 PM)    
 
Globalization (or globalisation) describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade. The term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, and military presence. [1] However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors. [2] The term can also refer to the transnational circulation of ideas, languages, or popular culture through acculturation. An aspect of the world which has gone through the process can be said to be globalized.

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Basheer Ahmad said: (Mon, Apr 25, 2011 02:32:09 PM)    
 
Yes Globalisation is necessary, for an economy to grow. Globalisation refers to the integration of economic, technological, socio-political factors with the world. And with globalisation, with the mutual co-operation and assistance -particularly with reference to the law of comparative advantage- it is going to be beneficial. Globalisation also helps reducing the poverty level in the country-there are plenty of evidences and record to support it. 

Developing countries specially require globalization. Because Indians are very rich in resources of skilled manpower. So Other countries are interested to invest in India. We don't have that much funds/money to make very huge industries or developments. There is no shame to invite other countries for investing. Lot of advantages are there. Employment, infrastructure development, tourism, foreign exchange and etc. Even America would be nowhere if globalisation was an imaginary concept never put forward. Half the world's countries would be reeling in depression right now if not for globalisation. For example, petroleum, most countries are on the verge of depleting their entire reserves and some countries don't have it at all. Seeing this if not for globalisation the entire world would be left crippled due to the massive energy crisis facing them. 

While globalisation is necessary it is not sufficient to ensure communities gain from globalisation. To keep and spread the gains, government must not only reduce barriers to trade and investment, they must also get domestic policies right. Many people may think that globalisation is making poor countries poorer. However the evidence is very convincing that developing countries that globalise grow and reduce poverty level faster than those that do not. For example, recent study of 72 developing countries shows in the 1990's globalisng developing economies real incomes and output grew faster, on average about 4 times faster, than inward looking economies' output.

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Basheer Ahmad said: (Mon, Apr 25, 2011 02:28:25 PM)    
 
Yes globalisation is very necessary to developing nations. When countries have improve good coordination with other nations it is very useful to two parties. If any country wants to use only without coordination it is very danger. The main aim of this is to provide a resources from which nation have huge, in this way we can do both activities at time one is to reduce the wastage of resources and also optimum utilisation of resources.

But every things have pros and cons so it has also. Like in INDIA Westernisation effected INDIA Culture up to great extent. People of INDIA are forgetting their tradition, culture, language as well. Now it is very big trouble for INDIAN that how to secure their culture, tradition and all.

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Nitesh said: (Mon, Apr 25, 2011 06:35:18 AM)    
 
Ya its true globalisation is neccessary to improve any developing countries. Like India is adeveloping country. Indians get job due gloabalisation, globlisation play asignificant role to improve its, science nd culture of any country. To improve the gdp growth in devloping countries globalisation must be needed, the globalisation is an important tool to improve lively hood of any country, . I must say globlisation is very very important part of developing country.

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Sukeshi Gupta said: (Fri, Apr 22, 2011 05:29:25 AM)    
 
According to me, Globalisation is necessary for everyone in the world. We can take the example of Internet, it connects all over world in a single wire. Through this we can easily communicate, trade, anywhere in the world. Internet increases the speed of globalisation. Whether the country is developing or not, but it can use the internet to improve the condition of country like new technologies of agriculture, IT, science.

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Manoj Kapri said: (Thu, Apr 21, 2011 12:29:09 PM)    
 
Need not to say like every other term, globalisation too has pros and cons. While on one side it helps a less developed country to let flow new technology into it than on the other side it also leads to the fiasco of the traditional way of working of any nation and even its indegenous technology.

But to be unbiased, I would like to be with globalisation. As it totally depends on the host how it utilises the incoming resources and technology. By adopting good from it and breeding some thing better by mixing it up with the home techniques will keep both the ethical side as the globalisation active and fruitful.

Needless to say, unemployment, the major problem of present world could b easily uprooted by globalisation as it opens a new job market in every sector.

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Chaitu said: (Thu, Apr 21, 2011 06:47:07 AM)    
 
Globalization is very important.By using globalization we can share our knowledge about science,technology,education ...etc.Suppose one country like Japan producing many cars.If the country which is not developed in producing cars is unable to travel in cars.So globalization is necessary.

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Tejas said: (Sun, Apr 17, 2011 04:00:32 PM)    
 
Yes i think globalisation is necessary because it bring lot of employment oppurtinites. It makes us easy to trade with any country. because of globalisation standard of living of the people have improved drastically. it not only help us in emplyment but it also help us to take assistance from any country like technical know how the IT product and many other. it force foreign companies to invest in country like india which turns sound economy.

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Sumit S Chourasiya said: (Sun, Apr 17, 2011 08:39:02 AM)    
 
If we want to answer this question that is globalisation really necessary? we have to see some facts in india, frnds we can see reduction in unemployment in India in last few year that is nothing but conseaquence of MNC in India which is nothing but globalisation. The second best example is education, in book we read so many technologies but we don't have hands on experiance becouse of unavailability of some sofisticated instrument but since education is also globalised now a day we can move to different countries to learn new techmiques and come to India.

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Chandrima said: (Thu, Mar 31, 2011 04:10:02 AM)    
 
Globalization has brought a revolutionary change in Indian economy, growth rate of GDP is going high, it's been 6. 4% during the period 2000-2009, very true, agreed, but does mere growth of the GDP or other macro level analysis of figures in billions express a complete view of a country's economy? I doubt. It neither solves the chronic problem of poverty nor deals with the standard of living of poor mass at micro level. At present scenario, it has made the division between two extreme classes so prominently and the gap of disparity is still rising up day by day! We've 5 star hotels, side by side we've stinking slums and hovels. 

As per 2011 Forbes list, the total number of billionaires has risen to a whopping 50, and these 50 billionaires have assets worth about Rs. 7. 50 lakh crores whereas the cumulative investment in the 91 PSUs by the Central Government of India is Rs. 3. 93 lakh crores only! Major improvements did happen in IT, ITES, BPO etc. , but it doesn't count the whole Indian mass. But there's a massive downfall in agricultural field. Agriculture has always been and still remains the backbone of the Indian economy as it plays a vital role not only in providing food and nutrition to the people, but also in the supply of raw material to industries and to export trade. It's true, at present 

globalization/liberalization/privatization/foreign direct investment all have become a part of our economy, and there's no possibilities to eradicate them, that'd be far dangerous, but decisions and plannings should be not be taken in an inhumane manner that can further rise the level of disparities. Solution lies in the coherent and harmonious existence of all the levels of people together.

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Pradeep Kumar said: (Thu, Mar 17, 2011 10:44:45 PM)    
 
I agree with the last statements. but Globalization has many pros and cons. It s the integral part of socio-political, services , economy, medical and al technologies. regarding the advantages v r sharing our technology based ideas with other nations and so the economy of our country improving, i accept.V hav got the vaccine oly due to Globalisation.bt in the race of westernization our india loosing many many skilled people due to lack in employment and educational facilities. nowadays youths(including me) losing and forgetting our traditional values, moral values.

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Deepika Tripathi said: (Tue, Mar 15, 2011 12:29:35 PM)    
 
In present scenario globalization is leading a very imp role which can not be ignored. We all the people has been benefited by globalization through the amicable behaviour of each other countries. The interaction of international label is very mandatory for a growing country to improve its potentiality and spreading our strong points points and getting better opportunity to make itself developed.

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Radhakrishna said: (Tue, Mar 15, 2011 03:49:18 AM)    
 
Yes globalisation is very nessesary to developing nations. When countries have improve good coordination with other nations it is very useful to two parties. If any country wants to use only without coordination it is very danger. The main aim of this is to provide a resourses from which nation have huge, in this way we can do both activities at time one is to reduse the wastage of resoursews and also optimum utilisation of resourses.

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Akansha said: (Fri, Mar 4, 2011 02:40:50 PM)    
 
In my aspects globalization is very necessary for any country whether it is a developing country or not,because every country wants progress in many field like growing industries,want to grow demands of product,want to establish number 1 country.And these all can be easily and actively fulfill by using globalization.In terms of poorer countries it is also very useful because it provides opportunity of employment.Example: Like Many products related company and IT company are in INDIA they are providing services to INDIAN.Which encouraged Indians so they also established company in INDIA and outside of INDIA and they are progressing also in other countries.By using globalization many Labourer class of people can get good job under some company and can betterly fulfill their family needs.Slowly slowly it will definetly enhance the status of people. 

But every things have pros and cons so it has also.Like in INDIA Westernization effected INDIA Culture up to great extent.People of INDIA are forgetting their tradition,culture,language as well.Now it is very big trouble for INDIAN that how to secure their culture,tradition and all.

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Anjali Teotia said: (Thu, Feb 10, 2011 10:54:28 AM)    
 
Well I think globalisation has become a essential part of all the developing nations and of course for its economy to grow and be able to offer and compete at the international platform. Where as culture is concerned adapting or retaining is hardly related with globalisation because to even retain that culture we need to be economically strong and widely accepted. Like while preparing a delicacy it is important to use right ingredient with appropriate quantity same goes with globalisation it needs to be formed or rather put forward in such a way which helps our nation to establish as a developed nation.

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Anubhav Sharma said: (Wed, Feb 9, 2011 01:04:11 AM)    
 
Yes In today's era globalization is necessary because its help our country to grow economically. We can share our skills, aor developments with other countries also. Without globalization india's industrial growth whould hampered as it wont get good interaction with the global markets. It also generate lots of jobs for Indian youth. We can share latest technologies, education and buissness strategies happening in different counteries through globalization.

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Neha said: (Wed, Feb 2, 2011 11:15:40 AM)    
 
Like we the human biengs needs to be socialised in order to live, a particular nations even needs to be globalised. For the overall development and growth of the nation the country needs to be globalised, weather it is the case of improvement in economy, health, knowledge or in any sense. Globalisation plays a very imp role.

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Ritu said: (Sun, Jan 30, 2011 12:33:27 PM)    
 
Globalization leads to increase the industrial development. Because of the globalization the world come closer. Every person have opportunity to be global or enhance their connectivity to interact with any person in the world. Any person communicate with the person who live in another country to deal with business that make business global.

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Ritu said: (Sun, Jan 30, 2011 12:02:27 PM)    
 
Globalization is necessary, because the globalization is responsible for industrial development. It is beneficial because of the globalization the world come closer and small industries have a chance to grow up world wide.

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Ankita Gupta said: (Mon, Nov 15, 2010 04:43:16 AM)    
 
Yes this is right that globalization poor becomes poorer but this is not true in every situation. India have many situation if we are not participate with other countries in terms of our skills and science then where we use it and how we know that in which we are the best and in which we loose our confidence? I think the globalization is necessary in every field such as employment, education, science, technology etc.

Globalization is used for interaction that mean interact with other countries. This makes benefits to spread our culture, morals etc. We know that, Indian culture is very popular in other countries. Thank You.

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Priyanka Mehra said: (Thu, Nov 11, 2010 11:07:15 AM)    
 
Ya I agree with your point but using globalization poor becomes poorer. They always depend to others.

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Lahari said: (Wed, Nov 10, 2010 03:19:09 AM)    
 
Yes globalization is necessary, due to globalization this world is become a global village. Ideas, views, knowledge can easily transfer from one state to another or we can say that speed of interaction is increased. Due to globalization territories become less important. But on the other hand globalization is killing diversity in this world. It wants to create common culture, common rules, common ideas n thoughts. Which is not a right thing. There are different cultures in this world like a culture of china, Muslims and of Hindus. But globalization wants to spread a common, modern Western culture.

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Anish said: (Tue, Aug 31, 2010 09:02:09 AM)    
 
Globalization describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade. The term is sometimes used to refer specifically to economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors. The term can also refer to the transnational circulation of ideas, languages, or popular culture through acculturation.

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Anupam said: (Sun, Aug 29, 2010 02:40:22 PM)    
 
The equal distribution for living life and prospering for each people of earth, the globalization is required. In a word globalization is the chain where all are connected same and take part equally, share every social political cultural economical everything of human civilization.

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Sunitha said: (Thu, Aug 26, 2010 01:55:37 AM)    
 
Globalization means increasing connectivity and interdependence in business and market.through this, we can get assistance from other countries.For example, in the case of swine flu get the vaccine from other country.Otherwise, chances to loss the so many things.Also we can updated with the market and business through globalization.

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Shivam said: (Tue, Aug 24, 2010 10:06:29 PM)    
 
I am satisfied with all the facts given about Globalization, but according to me there are something that's remaining. Globalization is the most necessary part in the growth of the world, it's not for one country. There is verious aspect of globalization that we can see in the fields of Technology, Education, Science as well as medical. We are just following others to grow ourself. We can share resources from the diverse country.

Globalization has its pros and cons.it's right but it's totally depend on us how we take all of this in which way. It's not bad to adopt western culture but it's may be wrong to forget your culture because every country is known by its own cultures, festivals.

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Galleonhart said: (Mon, Aug 23, 2010 07:07:45 AM)    
 
I conclude by saying that Globalization has its pros and cons. But it cannot be denied that the impact it has had on our country has been positive. It has helped Indian companies to become more competitive and ensured survival of the fittest. Though, policies should be framed to protect the interest of consumers and there should be restraint in opening the market at least in some sectors.

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Sanyog Garg said: (Wed, Aug 18, 2010 06:00:34 AM)    
 
I think we are living in a society where there is no choice of not being Global now!! There is no second choice apart from shaking hands with diversity. If we are not ready for that, we should learn how to go ahead.

"Swadeshi" has now only a old respected world that is good to feel but not food to adopt and follow in this globalization scene.

Technology, Education, Agriculture, Services etc are the basic things on which Economy of any nation is built. Any one among these can not be sustained if you don share what others are doing and want.

So globalization is the thing that we have to face. There should not be any question whether it is necessary or not. I feel so...

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Ramya said: (Fri, Aug 13, 2010 06:14:59 AM)    
 
Globalisation is representation of one man kind. As unity is strength, we the people of world should share all.

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Vasu said: (Fri, Jul 30, 2010 07:21:15 AM)    
 
Globalization is necessary for any developing countries.

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Globe said: (Sat, Jun 26, 2010 07:54:11 AM)    
 
Besides various advantages, globalisation led to loss of cultural and traditional trends and their values from minds of today's youth. In race of westernization they are forgetting their moral values and their mother languages as well.

The major adverse effect being Brain-Drain. Our country sets best example of it. Highly skilled and talented people of our country are migrating for better carrier opportunities, better facilities, infrastructure and money; because of which India is losing their talent due to lack of better educational facilities, unemployment and for many more reasons.

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Globe said: (Fri, Jun 18, 2010 10:48:49 AM)    
 
Yes Globalization is necessary, for an economy to grow. Globalization refers to the integration of economic, technological, socio-political factors with the world. And with globalization, with the mutual co-operation and assistance - particularly with reference to the law of comparative advantage- it is going to be beneficial. 

Globalization also helps reducing the poverty level in the country-there are plenty of evidences and record to support it .Developing countries specially require globalization. Because Indians are very rich in resources of skilled manpower.So Other countries are interested to invest in India. We don't have that much funds/money to make very huge industries or developments. There is no shame to invite other countries for investing.lot of advantages are there..employment,infrastructure development,tourism , foreign exchange and etc..Even America would be nowhere if globalization was an imaginary concept never put forward. 

Half the world's countries would be reeling in depression right now if not for globalization. For example, petroleum, most countries are on the verge of depleting their entire reserves and some countries don't have it at all. Seeing this if not for globalization the entire world would be left crippled due to the massive energy crisis facing them. 

While globalization is necessary it is not sufficient to ensure communities gain from globalization. To keep and spread the gains,government must not only reduce barriers to trade and investment, they must also get domestic policies right. Many people may think that globalization is making poor countries poorer. 

However the evidence is very convincing that developing countries that globalise grow and reduce poverty level faster than those that do not. For example, recent study of 72 developing countries shows in the 1990's globalisng developing economies real incomes and output grew faster, on average about 4 times faster, than inward looking economies' output.

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