Dear Friends,
Here is the new topic for the Group Discussion!
"Is Globalization Necessary for Developing Countries?"
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http://www.boddunan.com/forums/3-contests-a-rewards/3854-introducing-the-new-contest-group-discussion.html#3854
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20 Replies
Globalisation is very much important for an upcoming country like India. It not only helps improve the economy of a country but also plays a major role in enhancement of the technology and trade.
It is only because of the technology enhancement we are able to share our thoughts in this forum. Remember the good old days when doves were used to send information from one place to other. It is only because of globalisation we learn things from developed countries too.
And also it is only due to globalisation all countries get together to fight common diseases like swine flu.
It is only because of the technology enhancement we are able to share our thoughts in this forum. Remember the good old days when doves were used to send information from one place to other. It is only because of globalisation we learn things from developed countries too.
And also it is only due to globalisation all countries get together to fight common diseases like swine flu.
Abid!
The topic must be on s Globalization Necessary for Developing Countries?(that is for development of a country).
Actually if globalisation was in full swing it should have affected our country also. But the economic policy that the central government follows for a long period had nullified the recession effect.
Yes , globalisation is necessary because it can increase our economic factor in which India wants to increase our life style not only in technical side.
#but also in business world, agriculture field etc.
#In agriculture field I think their is backwardness in India because not sufficient avaiability of land.
If we achieve the globalisation in India for agriculture we can increase the ecnomic growth of our Indian FARMERS. Which is necessary .
So,definitely globalization is a very important and significant aspect as it has increased d connectivity.today evry thing is at our hand.it has increased the interchange of not only various goods but also our culture,our thoughts.
easy visa n transport facilities has made easier to take education in different nations.enhanced information systems through internet n satellite common are d best consequences of globalization.
The topic must be on s Globalization Necessary for Developing Countries?(that is for development of a country).
Actually if globalisation was in full swing it should have affected our country also. But the economic policy that the central government follows for a long period had nullified the recession effect.
Yes , globalisation is necessary because it can increase our economic factor in which India wants to increase our life style not only in technical side.
#but also in business world, agriculture field etc.
#In agriculture field I think their is backwardness in India because not sufficient avaiability of land.
If we achieve the globalisation in India for agriculture we can increase the ecnomic growth of our Indian FARMERS. Which is necessary .
So,definitely globalization is a very important and significant aspect as it has increased d connectivity.today evry thing is at our hand.it has increased the interchange of not only various goods but also our culture,our thoughts.
easy visa n transport facilities has made easier to take education in different nations.enhanced information systems through internet n satellite common are d best consequences of globalization.
Abid wrote:
[quote]@Kalyani,
the topic seems a small confusion when read in two tones!It seems to be
1)Is Globalization Necessary for Developing Countries?(that is for development of a country)
2) Is Globalization Necessary for Developing Countries?(that is whether it is must for the countries named developing countries)
Which one you meant?[/quote]
Abid, Sajeetharan, the term Developing Countries is used to refer to the countries that are still developing economically! Asian, African countries for eg. The second option, Abid!
Trust the topic is now clear and there is no confusion.
[quote]@Kalyani,
the topic seems a small confusion when read in two tones!It seems to be
1)Is Globalization Necessary for Developing Countries?(that is for development of a country)
2) Is Globalization Necessary for Developing Countries?(that is whether it is must for the countries named developing countries)
Which one you meant?[/quote]
Abid, Sajeetharan, the term Developing Countries is used to refer to the countries that are still developing economically! Asian, African countries for eg. The second option, Abid!
Trust the topic is now clear and there is no confusion.
Also, as sajee mentioned world trade and cultural exchange are also gaining growth due to globalization.Now a days, cultural exchange programs are conducted all over the world.This is a golden opportunity for every human to understand other nation's history and culture.Globalisation also has an impact on food and fashion.
Not to forget about the export and import too. Globalisation has also increased exports and imports of a coutry.Imagine we started with barter system and now the world trade has reached heights.This is all because of globalisation.
Not to forget about the export and import too. Globalisation has also increased exports and imports of a coutry.Imagine we started with barter system and now the world trade has reached heights.This is all because of globalisation.
Good that Everyone is opting the same!
Well some other points would like to include are,
its measurable aspect are:
1.Exchange of products and services across national boundaries
increased.
2.There are big branded companies like nokia,mcdonald's & coco cola offer standardizes products.
3.international culture exchage ,the exchange of hollywood n Bollywood movies.Hope many will accept this point
4.world wide sporting events like FIFA WORLD CUP & OLYMPICS GAMES
ITS DARK SIDES are:
1.transaction & delivery of weapons,illegal products like heroine etc
2. terrorists various attacking activities
3.we are becoming modernized but our Indian culture is in danger.
Every action has equal and opposite reaction. When it comes to globalization it has more merits than demerits!
Well some other points would like to include are,
its measurable aspect are:
1.Exchange of products and services across national boundaries
increased.
2.There are big branded companies like nokia,mcdonald's & coco cola offer standardizes products.
3.international culture exchage ,the exchange of hollywood n Bollywood movies.Hope many will accept this point
4.world wide sporting events like FIFA WORLD CUP & OLYMPICS GAMES
ITS DARK SIDES are:
1.transaction & delivery of weapons,illegal products like heroine etc
2. terrorists various attacking activities
3.we are becoming modernized but our Indian culture is in danger.
Every action has equal and opposite reaction. When it comes to globalization it has more merits than demerits!
Globalisation has made the world so small.Technology advancement is a boon to mankind. It never allows us to miss our near and dear ones. We can always be in touch with each other, no matter how far they are.All these technology advancements are due to Globalisation.
Standard of living, health, job opportunitites, exposure,technology,investments,finance all fields prosper due to globalisation.
Globalisation is appreciable as long as we as a country dont loose our individuality and originality.
Standard of living, health, job opportunitites, exposure,technology,investments,finance all fields prosper due to globalisation.
Globalisation is appreciable as long as we as a country dont loose our individuality and originality.
Globalisation has made the world so small.Technology advancement is a boon to mankind. It never allows us to miss our near and dear ones. We can always be in touch with each other, no matter how far they are.All these technology advancements are due to Globalisation.
Not exactly ! You have summed up all the points which i have told before!!
Globalisation brought the whole world under one roof. Where China is also opening his door for the world, many african countries are also understanding the importance of globalisation. India, ofcourse the most beneficiary of globalisation, is still ahead of others in race of importing bussiness opportunity in field of ITES and BPOs but current downfall had warned us that the basic element of economy is Manufacturing/Infrastructure, in which India is still lagging. The point I want to submit here is that the globalisation should be a way of learning, sharing knowledge but it shouldn't make us dependent of others.
Globalization as far as think is the exposure of a country and its resources to the outer world.Globalization can help a country and its people in many ways, like the businessmen of the remaining world invest in our country and which will lead towards the economic growth of our country.Also this results in lot of new jobs which will in turn decreases the unemployment in our country which is one of the major concern.This will also give our businessmen a chance to sell their product in the outer world and we will also get benefits of their cheap and qualit products. :dry:
Not exactly ! You have summed up all the points which i have told before!!
Globalisation brought the whole world under one roof. Where China is also opening his door for the world, many african countries are also understanding the importance of globalisation. India, ofcourse the most beneficiary of globalisation, is still ahead of others in race of importing bussiness opportunity in field of ITES and BPOs but current downfall had warned us that the basic element of economy is Manufacturing/Infrastructure, in which India is still lagging. The point I want to submit here is that the globalisation should be a way of learning, sharing knowledge but it shouldn't make us dependent of others.
Globalization as far as think is the exposure of a country and its resources to the outer world.Globalization can help a country and its people in many ways, like the businessmen of the remaining world invest in our country and which will lead towards the economic growth of our country.Also this results in lot of new jobs which will in turn decreases the unemployment in our country which is one of the major concern.This will also give our businessmen a chance to sell their product in the outer world and we will also get benefits of their cheap and qualit products. :dry:
Sajee as you said the globalization has increased the connectivity and everything are in our hand today.. But we should not forget that, MNC's come to India mainly due to low wages which is not possible in the developed world.. In one way Indians are made to work more than the westerners with less salary, which is not good for our country on long run..It would have been better if India had developed strong domestic market before globalization so in order to get competitive edge, MNC's would have had to pay more to attract more skilled persons..
But we should not forget that, MNC's come to India mainly due to low wages which is not possible in the developed world.. In one way Indians are made to work more than the westerners with less salary, which is not good for our country on long run..
Globalization brings countries together! You know what we can achieve if we are united! B)
Nataraj! You must Feel happy more MNC's in India Are because of Globalization.well the system has to improve.take for example india.funds are flowing in,policies are being framed etc but that they are not being implemented properly is not globalisations fault is it?the positive effects of globalization are not being allowed to reach the grassroot section.the government,the system and we have to see to it that it does.all i am tryin to say is that globalisation is here to stay.
Globalization brings countries together! You know what we can achieve if we are united! B)
Maybe what you said is true sajee. Going by what you say, the domestic industries are not given tax leverage while the MNC's are enjoying it. And most of the domestic companies power supply comes for a premium cost, while that for MNC's are either free or at a very low cost.. The government does hamper our domestic companies...
@ Sajeetharan,
May be Indians work in MNC's at a low salary and may be you think its not good for the country in long run but what about if there was no Globalisation and there would be no such MNC's then unemployment problem would have made life hell for many people. There would have been more crimes in India as there would have been more competition to get a single job .
Friends MNC's does not only help Indians to get employment but also the tax paid by them to the government can be used for the development of the countries.
As we know due to the accident between two ships there was oil leakage in sea's in Mumbai and to solve this problem soon and to know about the proper situation teams were called from other countries . If there was no Globalisation and good contact with other countries this would have become hard.
May be Indians work in MNC's at a low salary and may be you think its not good for the country in long run but what about if there was no Globalisation and there would be no such MNC's then unemployment problem would have made life hell for many people. There would have been more crimes in India as there would have been more competition to get a single job .
Friends MNC's does not only help Indians to get employment but also the tax paid by them to the government can be used for the development of the countries.
As we know due to the accident between two ships there was oil leakage in sea's in Mumbai and to solve this problem soon and to know about the proper situation teams were called from other countries . If there was no Globalisation and good contact with other countries this would have become hard.
[hide]Cool boy wrote!
May be Indians work in MNC's at a low salary and may be you think its not good for the country in long run but what about if there was no Globalisation and there would be no such MNC's then unemployment problem would have made life hell for many people.
[/hide]
Did you read my posts? This was my point to nataraj's question.
Nagalakshmi,
Yes if i meant anything wrong..i am sorry!
When we look at disadvantages,the problem with globalization is that it has been implemented partially, rich countries have succeeded in getting the subsidies and other benefits removed from third world countries, whereas they themselves continue to subsidise their farmers thus hurting our farm sectors.the problem is when the farm sector is hurt, the prices rise, hurting the common man, since majority of the common men are also farmers, they are hurt twice.
May be Indians work in MNC's at a low salary and may be you think its not good for the country in long run but what about if there was no Globalisation and there would be no such MNC's then unemployment problem would have made life hell for many people.
[/hide]
Did you read my posts? This was my point to nataraj's question.
Nagalakshmi,
Yes if i meant anything wrong..i am sorry!
When we look at disadvantages,the problem with globalization is that it has been implemented partially, rich countries have succeeded in getting the subsidies and other benefits removed from third world countries, whereas they themselves continue to subsidise their farmers thus hurting our farm sectors.the problem is when the farm sector is hurt, the prices rise, hurting the common man, since majority of the common men are also farmers, they are hurt twice.
The discussion is rocking!! Great job guys!!
Nataraj:
[quote]Sajee as you said the globalization has increased the connectivity and everything are in our hand today.. But we should not forget that, MNC's come to India mainly due to low wages which is not possible in the developed world.. In one way Indians are made to work more than the westerners with less salary, which is not good for our country on long run..It would have been better if India had developed strong domestic market before globalization so in order to get competitive edge, MNC's would have had to pay more to attract more skilled persons..[/quote]
Nataraj, I just cannot resist adding my point of view to what you are saying! As per your statement, before going global, we should first strengthen our domestic market and then invite foreign companies to invest in our company so that our people get salaries at par with what the people in US and Europe get, is that what you are saying?
One thing I want you to consider or think about is that we cannot compare the salaries that we get in India with what people get in US or Europe, but compare the salaries what the domestic companies paid us prior o the MNCs coming to India. That would be an ideal comparison. Compare the living standards of people before and after the establishment of MNCs in India and you get the answer!
Nataraj:
[quote]Sajee as you said the globalization has increased the connectivity and everything are in our hand today.. But we should not forget that, MNC's come to India mainly due to low wages which is not possible in the developed world.. In one way Indians are made to work more than the westerners with less salary, which is not good for our country on long run..It would have been better if India had developed strong domestic market before globalization so in order to get competitive edge, MNC's would have had to pay more to attract more skilled persons..[/quote]
Nataraj, I just cannot resist adding my point of view to what you are saying! As per your statement, before going global, we should first strengthen our domestic market and then invite foreign companies to invest in our company so that our people get salaries at par with what the people in US and Europe get, is that what you are saying?
One thing I want you to consider or think about is that we cannot compare the salaries that we get in India with what people get in US or Europe, but compare the salaries what the domestic companies paid us prior o the MNCs coming to India. That would be an ideal comparison. Compare the living standards of people before and after the establishment of MNCs in India and you get the answer!
Eactly kalyani,
globalization allows corporations to seek countries where labour costs and taxes are lower, causing countries to lessen workers rights in order to attract foreign investments. Workers, on the other hand, cant (usually) seek countries with better labour conditions.
But because of globalization in developing countries like India, The Rich Got Richer and Cost of living went up.Instead of one common soap and powder we have a million and,face,lip ,hair,gel,gloss etc.More Brands ,More Price Bands.The Metros and Cities in general have seen mass influx of population from the villages.Hence growth in the Automobile Sales,Real Estate,Bank Accounts.Almost all Indians are in a debt trap thanks to Mass usage of Credit Card unaware of the Consequences.Mobile mania in the villages.Gram Panchayat gets less participants thanks to "Soap Serials" in the TV.A million channels making news out of nothing.My neighbor doesn't know me nor i know him-both are always "busy".I find time to say "hi" to online friends and add to my "busy"ness but get little time to visit my relatives.Bhajans are not done by me but my CD Player.
But I know a guy(whose dad was running a saloon in a village, getting barely 1000-1200/month) who landed in a s/w company immediately after completing engineeringg. He and his family are living comfortably today. Without the advent of sunrise industries (like s/w, pvt insurance/telecom/banking/retail) i don't know how the future would have been. It has opened up opportunities for millions of people creating direct and indirect employment. Its true that the benefits of globalization has not reached all the sections of the society but it has its own pros outweighing the cons.
globalization allows corporations to seek countries where labour costs and taxes are lower, causing countries to lessen workers rights in order to attract foreign investments. Workers, on the other hand, cant (usually) seek countries with better labour conditions.
But because of globalization in developing countries like India, The Rich Got Richer and Cost of living went up.Instead of one common soap and powder we have a million and,face,lip ,hair,gel,gloss etc.More Brands ,More Price Bands.The Metros and Cities in general have seen mass influx of population from the villages.Hence growth in the Automobile Sales,Real Estate,Bank Accounts.Almost all Indians are in a debt trap thanks to Mass usage of Credit Card unaware of the Consequences.Mobile mania in the villages.Gram Panchayat gets less participants thanks to "Soap Serials" in the TV.A million channels making news out of nothing.My neighbor doesn't know me nor i know him-both are always "busy".I find time to say "hi" to online friends and add to my "busy"ness but get little time to visit my relatives.Bhajans are not done by me but my CD Player.
According to me as I am ending my part in this discussion I would like to conclude with my point that globalistion is must for developing countries.
There are various advantages of Globalisation for a developing country , they are
1. Globalisation helps developing countries in various problems as they get help from other countries.
2. Economic problems can be solved in a country due to Globalisation.
3. Globalisation brings new technlogy, new companies and much more in developing countries.
Friends may Globalisation has some disadvantages but why to be against globalisation if it has so many more advantages then its disadvantages. All the developing countries will prosper only if there is more and more globalisation.
There are various advantages of Globalisation for a developing country , they are
1. Globalisation helps developing countries in various problems as they get help from other countries.
2. Economic problems can be solved in a country due to Globalisation.
3. Globalisation brings new technlogy, new companies and much more in developing countries.
Friends may Globalisation has some disadvantages but why to be against globalisation if it has so many more advantages then its disadvantages. All the developing countries will prosper only if there is more and more globalisation.
Globalization has a wider impact on our life.from the morning to night we use the products amd accessories that are result of globalisation.it has some of the good and some of the bad effect on the ecomony of our country.but still it is very necessary for the peace and development of the human society.it gives great chances for the world business and provides a better platform to emerging economies.
Hence,markets never remain same forever. though globalization seems more risk taking propostion according to me its a risk aversion technique. through globalization companies seal themselves against recesion happening in a particular part of the world, get to have many sources of supply and production, it helps in increasing the product life cycle and gives a company so many opportunities. so in todays times, particularly in developing countries like India globalization is a necessity.
Thanks for the participation and support friends!
Hence,markets never remain same forever. though globalization seems more risk taking propostion according to me its a risk aversion technique. through globalization companies seal themselves against recesion happening in a particular part of the world, get to have many sources of supply and production, it helps in increasing the product life cycle and gives a company so many opportunities. so in todays times, particularly in developing countries like India globalization is a necessity.
Thanks for the participation and support friends!
Topic Author
K
kalyani
@kalyani
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Thursday, 02 September 2010 10:13
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Tuesday, 30 November -0001 00:00
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