how has globalisation benefitted us. Who are the sufferer for it and why?
408199
globalisation i feel does not benefit any DEVELOPING  nation including india. here the developing nations are forced to open their economies to the developed.if india continues to abide these policies then the prices of all our necessities might go up
1075556
Yes, because we are evolving into a globally concerned society, as opposed to an individually concerned one.
69220
Globalization means integrating our economy with world economy.
675588
I'm no expert but this is what I think about outsourcing and its effects:\n\nThe Good\n- some people earn more than before for the same work\n\n- they stay in the country as they earn decently in India, and don't need to go abroad for better prospects : meaning they spend / invest locally too\n\n- high school grads who didn't stand a chance in the job market earlier, now have a chance to earn decently with low-end outsourcing jobs like call-centers.\n\n- all-in-all, more prosperity, as more people are working in skilled jobs than before, so the middle-class has grown and continues to grow\n\nThe Bad\n\n- the economy becomes ever more credit-based. as the first-time-big-earners are able to buy things they couldn't afford earlier, they don't know when to stop - they *must* have the latest entertainment centre, party down as often as they can, buy only brand-name goods etc. etc. At some point they max out their credit cards and the vicious cycle starts...(has started).\n\n- the bulk of outsourcing is low-end (callcentres) and this has major negative effects on the psyche and health of the workers there (bad hours, dispensable workers etc.)\n\n- many of the outsourcing jobs are dead-end jobs - so if someone feels too comfortable working in them, builds up a lot of expenses, they could find themselves in a terrible position when the bubble bursts (because the jobs moved to a yet cheaper location e.g. africa or eastern europe).
639508
The bottom line is it is about the all mighty dollar.  Maintaining access to foreign goods means that our government feels a need to exhaust our resources to "make nice" with other countries to help them with their strife--at the sacrifice of our own needs.  Sure there are some of the richest people on the planet here, but not all.  There are also a lot of severely impoverished as well.  We need to get our priorities straight as a nation.
43179
Multi-national corporations as we know today, are certainly playing a phenominal role. The most important effect on Indian economy is indeed that they are increasing the market force by adding new product everyday. So the immediate consequence of this is we have better options to choose! However, on the negative side, it is also enhancing the feeling  of insecurity for the poor as they render helpless in this competition-ridden market economy.
475223
I’ve never studied Economics, so please forgive me if I write something stupid...\n1. What is the reason for globalisation? It’s the needs and the expansion of companies.\n2.  What can be the consequence? Strong interdependence and a lot more. We know from history that a best example what can happen was the Great Depression of the 1930s or the Oil Crisis in the 1970s. In the present news are all about this problem. If there were no duties, the poor areas (Africa, Asia, South America) could either rise or fall even deeper.\n\nThat’s all I can figure out on my own.\nHere’s a more professional aid:
945931
There has been an increase in globalization in the United States as well as in rest of the world. This has resulted in many good things as well a lot of economic dislocation and unemployment.  It is not completely evil as you seem to assume. Read Thomas Friedman's "The Lexus and the Olive Tree".\n\ncc
708098
So far, economic globalization has hampered diversity in several ways around here. \n\nIt's reduced the number of options people in my community have for work. Most of us, no matter what we invested in our education, or what sort of vocational credentials we have, have had to take jobs in the low-paying retail or food-service sector.\n\nAs our wages dropped, so did the amount of taxes we could pay for public services, and so the condition of our neighborhoods has deteriorated badly. Crimes against property, violent crime, and vice crimes, have increased in the area.\n\nThe people who could afford to move have moved out of state to the few places left where they could find high-paying work. I know of several college graduates who've had to move overseas (one moved to India) in order to work in their field of interest.\n\nHuge, cheap, "big-box" retailers, who outsource the production of their goods overseas, have moved into the area and replaced most of the independently-owned shops, because we could no longer afford to purchase quality products from local producers and retailers.\n\nHonestly, I'm a little worried about economic globalization.
369512
Globalization is a fact. Question is how. A number of years ago there was this naive theories that everything was going to be nice and neat and that we will all be equals and happy ever after.\n\nNow we know that those visions were naive and to make globalization better then we should work a lot. First of all, controlling the speed of globalization to give people time to adapt themselves should help.\n\nYou can't ask iraqies to became westerners in one week, or ask chinese to abolish any censorship in three days and embrace the internet as it is, and you can't ask americans to happily deal with the fact that jobs exportation and immigrations are reducing their average real income every year.\n\nWe people are not good dealing with differences. We need time to adjust, and then... well... new problems will emerge.
721303
Your comment reminds me of a Star Trek episode.  There is a planet on which most of the population has to work in harsh mining conditions to support the Cloud City Dwellers, a fantastically advanced city that floats above the planet.  The hard work of the people on the planet surface support the fortunate cloud city inhabitants.  The workers below live a harsh, unpleasant life.  The people in the floating city live a life of luxury.\n\nIt is the lower castes in India that make possible the life the elites there enjoy.\n\nAs you can see, I carefully sidestepped your question. Why? Because your supposition may be, in the short term, correct. India may not benefit globally in the short run, but eventually it will have to address this permanent underclass and fix these inequalities.
648565
Global trade; Globalisation\n\n\nTrade will help bring countries togeather. Stop future unrests between countries.\n\nMakes countries and industries iterdependant so that the global and local economies will become more stable. \n\nBring better living conditions to the Indians through the infusion of new technologies in to their industries. \n\nBad: India is a very self sufficient nation; and very powerful too. Promoting global trade will greatly help India become a major powerhouse which will be a large threat to the developed nations.  \n\n\nSorry if i deviated from the point. Hope this helps
692825
Third world countries are swiftly changing their mindsets because of globalisation.\n\nToday, India is far more advanced then even the USof A in many fields including, you'll be surprised ..Telemedicine, and cost effective too, and this came to me from a US General I interviewed during a telemedicine conference.\n\nThen many Asian countries have jumped steps, in say mobile communications, S Korea has already started a major shift to 3g technology, while the west still is stuck with older technology.\n\nIn Robotics, Japan is far ahead of the US.\n\nIn another sphere where India is ahead, especially with regards to costs- satellite technology- Indians put up space craft at costs that are a fraction of those in other countries. For example, the Indian Moon mission (it's gonna carry some equipment that the US wants for their own use), or Chandrayan as it is called is scheduled for 2008, will cost just around US$400million, vis-a-vis a similar Apollo mission which cost the US around US$12Billion. The Indian mission is gonna be  lot more sophisticated that the Apollo, including a robotic arm that will test soil samples.\n\nMany Indians based in the US want to return to India, at even a lower pay, and most western mangers consider an India or China stint as a plus in their career records.\n\nSo bud, it's already happening in all fields and businesses.
965497
Globalization isn't helping the poor.  It is being built on their backs.
657076
Globalization is expanding trade between countries throughout the world, but not just trade as in material goods, but culture and knowledge too. The positives are that things tend to become cheaper in general, and relations between countries improve, and cultural trade increases, so people tend to become more tolerant and smarter. The negatives are that industries in a certain country might disappear because of competition from other countries (like fruits in America due to competition from Mexico, for example), and that people tend to become less tolerant because they're forced to meet more people that they'd rather not. So, it's good in general, but bad for certain groups, and these certain groups are large enough that their issues need to be considered.
893205
(m)\n\nOne of the demerits of the globalization, illegal immigration of poor people to the advanced countries, becomes a serious problem in the world. As the concepts of globalization spreads around the earth, there is a noticeable distinction between the rich and the poor especially in a backward nation. As a result of that, even illegally, the poor people decide to go to other country for their dreams.
500421
There are literally hundreds if not thousands of areas where globalization affects development\nEconomic, Social, political, environmental.\n\nYou need to more clearly define your question. Macro or micro? Statistical or anecdotal?\n\nI might research sources including the UN, World Economic Forum, IMF, World Bank, Greenpeace, Amnesty International, US Department of Commerce and its European Union Counterpart, The Asia Pacific Economic Council (APEC), the Organization of American States (OAS), and The Nature Conservancy to name a few