Globalisation

• Globalisation is a multidimensional concept. • It has political, economic and cultural manifestations, and these must be adequately distinguished.

• improved communication • world could have an impact on another part of the world.[The Bird flu or tsunami is not confined to any particular nation.]

• globalisation results in an erosion of state capacity, that is, the ability of government to do what they do. • The entry and the increased role of multinational companies all over the world leads to a reduction in the capacity of governments to take decisions on their own. • The state continues to discharge its essential functions (law and order, national security) and consciously withdraws from certain domains from which it wishes to. States continue to be important.

• narrower terms: international institutions like the IMF and the WTO and the role they play in determining economic policies across the world. • globalisation usually involves greater economic flows among different countries of the world.

• Many movements all over the world feel that safety nets are insufficient or unworkable. • lead to economic ruin for the weaker countries, especially for the poor within these countries

• Thus, the culture of the politically and economically dominant society leaves its imprint on a less powerful society, and the world begins to look more like the dominant power wishes it to be.

• In 1991, responding to a financial crisis and to the desire for higher rates of economic growth, India embarked on a programme of economic reforms that has sought increasingly to de-regulate various sectors including trade and foreign investment.

1999

• another global platform, which brings together a wide coalition composed of human rights activists, environmentalists, labour, youth and women activists opposed to neo-liberal globalisation.

Porto Alegre, Brazil in 2001.

Mumbai in 2004 Kenya in January 2007.