♥Comparative Government & Politics Unit-29 Globalisation and The Developing World

♥Comparative Government & Politics Unit-29 Globalisation and The Developing World

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UNIT 29 IMPACT OF GLOBALISATION ON DEVELOPING SOCIETIES Structure Objectives I ~~trduction Developing Societies Globalisatio~i 29.3.1 Old and New Globalisation 29.3.2 Factors Behind the Acceptance of New Globalisation Impact of Globalisation on Developing Societies 29.4.1 Positive Aspects of Globalisation Economy Politics, Society and Culture Education 29.4.2 Negative Aspects 2f Globalisation Society and Culture Imperatives of tlie Developing Countries 29.5.1 P-bt Trap 29.5.2 The l~l~pacl ol' Uruguay Kound 29.5.3 The I'inal Outcome Let Us Sum Up Key Words Some Useful Books Answers to Check Your Progress Exercises 29.0 OBJECTIVES Globalis~tion is a plienomenon which had resulted due to various developments in tlie fields of science and tech~iology and their use in industry and commerce. As such, it call not be wished away. 'The various countries, therefore, have to adapt themselves to this new reality in order to be able to reap its benefits and avoid its adverse effects. Tliis adaptability is all the more important for tlie developing societies which do not have a strong politico-economic background to absorb the impact of globalisation. Tlie main objective of this unit is to emphasise this urgent need. After going through this u~iit you will be able to: A u~iderstand the niea~iing and concept of globalisation, its tenets and its characteristics. @ to analyse the impact of globalisation on developing societies. @ to understand tlie negative aspects of globalisation. ~-~ - ~ 29.1 INTRODUCTION The process of globalisation had begun in 197OYs, itself but it gained maximum monientum in tlie 1990s. The big Multi National Co~iipanies (MNCs) had always wanted to have free access to all markets in the world but were restricted by the protectionist policies of the various countries. They had been pressurising their 'powetful' governnielits to get tlie "artificial restrictions" removed and facilitate free flow of capital and goods. Their efforts got a big boost by the sharp rise in consunieris~n alnollg people of various parts of the world. Tliis rise can be largely attributed to the phenomenal increase in the reach of electronic media through
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cable network and Internet. Thus, the rise in tlie demands for foreign goods Impact of Globalisation on Dcvclopil~g Socictics coupled witli the pressure of the developed world through IMF, World Bank, etc. has made various developi~ig societies adopt new economic policies. This shall be discussed later in tlie unit. There are two important terms in the topic - 'globalisation' arid 'developing societies'. We shall first try to i~liderstand tliese concepts. Then we shall move on to the discussion of tlie impact of globalisat ion on tlie developing societies. + 29.2 DEVELOPING SOCIETIES Taking a broader view of development. it can be argued that all societies are developing. In fact, no society call afford to stagnate or stop developing because such an approach will lead them to degeneration and decay. Nevertheless, sonjc societies need to develop faster to catch-up with the rest.
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♥Comparative Government & Politics Unit-29 Globalisation and The Developing World

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