Globalization

GLOBALIZATION

Globalization is basically the expansion of the global connectivity where linkages are broadened . In globalization the world society becomes more consolidated and at the same time the social life becomes organized on a global scale . The term globalization is complex in nature and has ignited much debate in the different spheres of life . There has been a striking difference between the rich countries and the poor in terms living standards of living and the quality of life . When it comes to the poor nations , their economies have been stagnating even in

a situation where the industrial nations continue to progress . The income differences between the poor and the rich has been so big such that many have wondered whether globalization has benefited the poor nations or it has been a tool for the industrialized nations to continue reaping benefits from them . The fact remains that globalization alone can not be blamed for the kind of problems that are bedeviling the developing nations . Other factors such as poor governance and the general status of the nations have had serious repercussions as far as development of these countries is concerned (Molle , W 2003

A study that was carried out recently indicate that people 's attitude towards globalization are positive .Infact to the surprise of the many developing nations are more enthusiastic of the integration of the global economy than those from the rich countries do . It is a fact that the economies that are growing fast in this period of globalization...