Impact of Driving Forces of Globalization - 2153 Words

Name of Paper Presenter : Mrs. Sandhya Milind Khedekar Designation : Name of the College : Lecturer Thakur Shyamnarayan College of Education Research, Kandivali (East), Mumbai. Title of the Paper : Impact of driving forces of Globalization – Role of Education Globalization has come to be a principal characteristic feature of the new millennium and it has become an inescapable reality in todays society. No community and society can remain isolated from the forces of globalization. The cyber society has come with a bang. The computer culture is spreading rapidly. Even in a poor country, coca-cola, cars, cosmetics and clothes seen in the cities and towns hide the reality of poverty and suffering of the people. We have almost reached a†¦show more content†¦While some nations have tremendous economic advantages, others have become more and more dependent. The main players in the present process of globalization are the governments of powerful nations, transnational cooperation, the World Bank and the WTO. The development of all third world countries has to be related to the world market. They control the monetary system and international trade. The multinationals and other institutions with the help of the state control all developmen t processes. The role of developing countries is simply to provide cheap labour to attract investors and to provide raw materials, which are at the mercy of fluctuating prices. They are to meet the needs of others as cheaply as possible. This unfettered growth of the multinationals and the emphasis on foreign trade are not conducive to a development pattern that is oriented to the basic needs of the people. The production needs and patterns are often determined by the market forces. It is unfortunate that they seldom take into consideration the basic needs of the people. Only the stronger and successful competitors survive and thereby widening the gap between the rich and poor, both between countries and within country. One cannot deny that there has been a worldwide growth in poverty, inequality and the human misery. Social injustice is becoming an accepted reality. Indeed, it has created a situation of marginalization, exclusion and socialShow MoreRelatedCulture Drives Globalizati on Essay1559 Words   |  7 PagesThe term ‘globalization’ did not come about till the twentieth century however the processes of globalization had been around since the era of imperial domination. â€Å"The controversy surrounding the on-going debates about globalization is whether unfettered market forces will further diverge or converge income the world over. 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While economic globalization has had many benefits and positive effects on both developed and under developed countries, itRead MoreGlobalization and Its Impact on International Business Essay1558 Words   |  7 Pages............3 What is Globalization....................................................4 The engines for Globalizations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦5 Globalization’s impacts on international business†¦..7 The road ahead for international business†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦9 Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 Reference†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦12 Introduction Every day we hear it on the news, read it in the papers, overhear people talking about it†¦ and in every single instance the word globalization seems to have a differentRead MoreTeaching And Learning Of The 21st Century1098 Words   |  5 Pagesgreater change in education. 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