Britain's vote to exit EU is being seen as a first blow against globalization and possible return to protectionism, by these very forces which advocated globalization initially. China is a gift of globalization. Is the growing resentment justified?
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By advocating globalization the advanced nations were actually wanting less advanced countries to open their markets to their products and services. But the rise of China in the bargain and shifting of jobs to outsourcing has had the opposite effect. So globalisation is good upto a point.
LOL..Already many in Britain are rethinking their decision especially the younger generation. Globalization I feel is a good thing inspite of some imitations like the ability of a more powerful nations dominating the less powerful nations. However this itself can be a motivating factor for them to increase their own productivity both in quantity and quality .
usha manohar wrote:LOL..Already many in Britain are rethinking their decision especially the younger generation. Globalization I feel is a good thing inspite of some imitations like the ability of a more powerful nations dominating the less powerful nations. However this itself can be a motivating factor for them to increase their own productivity both in quantity and quality .
Yes, that is so true. The British need to stop relying on their past glory and shake themselves out of the rut and think seriously of increasing their own productivity. Lack of willingness to do hard work has been their downfall in reality.
No point in going overboard abut Indians in the US, whereas Indians are doing very well in the US it is wrong to say that they have a edge over Japanese and Chinese because some of the biggest companies in the US are owned by the Chinese and Japanese. They have been there before us and doing extremely well, speak excellent English while there , even if they dont do so in their own country, goes to show how adaptable they are their environment .
My son in law Who studied for B. Tech in information technology in Nagarjuna university before marriage. On the basis of his thesis, he was allowed to work in Maine. After marriage, he applied for card and he was given. All this happened some 12 years ago. Now he has own Software developing firm.
rambabu wrote:Please Read my earlier comments, where in I said, Globalization is necessary for India. What more you want ? If you want more information, I can provide you.
I think the case of Britain will soon spread in other countries and start the process of kicking out outsiders. Who the heck needs selfish Indians who settle in other countries for the sake of money. They rise on Indian tax payers money and go settle in other countries for their personal gains. Sooner the better it will ultimately be beneficial for Indian interests.
suni51 wrote:rambabu wrote:Please Read my earlier comments, where in I said, Globalization is necessary for India. What more you want ? If you want more information, I can provide you.
I think the case of Britain will soon spread in other countries and start the process of kicking out outsiders. Who the heck needs selfish Indians who settle in other countries for the sake of money. They rise on Indian tax payers money and go settle in other countries for their personal gains. Sooner the better it will ultimately be beneficial for Indian interests.
If they are beneficial to India and Indians, let it be so. Indians who settle in other countries go for money certainly. Not for doing any Social Service.
suni51 wrote:rambabu wrote:Please Read my earlier comments, where in I said, Globalization is necessary for India. What more you want ? If you want more information, I can provide you.
I think the case of Britain will soon spread in other countries and start the process of kicking out outsiders. Who the heck needs selfish Indians who settle in other countries for the sake of money. They rise on Indian tax payers money and go settle in other countries for their personal gains. Sooner the better it will ultimately be beneficial for Indian interests.
Sunil, many members here including me and you have children living and earning abroad because of the better opportunity it given them in terms of career and life. They also contribute to the economy through remittance to Indian bank accounts which helps the country gets its foreign reserves .
It is a fallacy that educated Indians who settle abroad contribute to India's foreign exchange especially from countries like USA, UK, Australia. The real FE is coming from poor Indian workers working in harsh conditions in West Asia for whom the ungrateful Indian government does nothing. The educated Indian immigrant first studies on Indian taxpayers money and then runs away abroad and then puts his dollars in NRI account to earn higher interest compared to his adopted country, He thus sucks both the countries for his individual benefits. He is a cog in the wheel invented by foreigners. UK has voted against being in the EU because the immigrants from EU would have to be allowed in larger numbers as per agreements. Naturally a country suffering rising unemployment will not like foreigners coming in floods only for jobs. Precisely for this reason young English persons voted to remain in EU expecting to move to other countries for jobs. Globalisation was alright till emerging economies were opening up to Western countries but reverse is not liked by them. If international trade is expanding then it is OK if not then nationalism dominates.
Directly or indirectly all Indians living abroad do contribute in some way or the other. Why do we have high regard and make much of people like Raghuram Rajan and other similar personalities who are all US citizens ? Monetarily they may not contribute but they do in other ways by projecting the image of their native country , i guess I dont need to elaborate on that ..
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vijay
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