Globalization is the process whereby the world’s people are becoming increasingly interconnected in all facets of their lives – cultural, economic, political, technological, and environmental. It has fallen short of the promises of growth, increased employment, higher wages and greater welfare that are touted by the advocates of free trade and financial flows. The process of globalisation entails risks also. In an environment of slow and erratic growth of the world economy, the benefits of globalisation have been distributed unevently among and within countries. Today, we are all aware that strategies for development need to revised at both the international and national level to take advantage of the potential and meet the requirements associated with greater integration into the world economy. This volume gives a comprehensive coverage to all the issues arising out of the process of globalisation. It describes the implications of globalisation in the process of development. The opportunities and challenges of globalisation are highlighted. The strategic measures to manage globalisation for sustainable human development are also described in detail. This book will be very useful for development planners, policy makers, researchers and students.
There are no reviews yet.