Winners and Losers in Globalization

Globalization is an increasingly international integration of goods, services, production factors, labor and capital markets. After the Second World War, the world could not have witnessed the rapid increase of the market and multilateral development, and independently worked. This multidimensional process will have different impacts depending on the level of economic development and the political influence. This has a positive and negative impact on human development.

Globalization rapidly shows economic downturn and important influence, which is certainly not a positive phenomenon. There are new differences between so-called globalization winners and losers, which exacerbates the world's inequality and social confrontation. Free movement of people and capital certainly reduces wages in many areas, employment conditions become increasingly unstable, labor rights are shifting production to cheap labor areas where labor rights protect their courage. At the social level, globalization challenges the homogeneity of local communities, faces traditional social concepts, and realizes increasingly diverse reality.

Most people are bitches to discuss the winners and losers of globalization in developing countries like India. It is a widespread misunderstanding of globalization that "wealthy people become poor and poor people are poor". The inadequately recorded decrease in poverty in the poorer countries that are integrated in the global economy is the contrary opposite. Research shows further that poverty is generally decreasing due to globalization as the worldwide integrated economy is growing rapidly. For example, India has some new high-tech puppies. Some of them earned more things in the 1990s than in the past several thousand years earlier than family earnings. At the same time, Vietnam and other places have also made progress, reducing the poverty rate by 50%. Uganda reduced the poverty rate by 40% and doubled the enrollment rate