Globalization: Current Prospects and Challenges Ahead for Policy Makers

Content Provider	Semantic Scholar
Author	Sitlani, Manish Jain, Kapil
Copyright Year	2013
Abstract	World economy specially in reference to developing and under developed economies globalization has emerged as a boom. India after adoption of LPG agenda, has witnessed the emergence of enormous opportunities resulting from the reforms initiated in different sectors and increased support of ICT in the initiatives undertaken. Present paper has made an attempt to discuss the various areas of the economy where the benefits of globalization are not yet achieved. The study is also aimed find the challenge ahead for the policy makers in the India. The study found that enormous opportunities have emerged during last two decades, resulting from reforms in various sectors of economy supported by increasing use of information and communication technology. After Liberalization, Privatization and Globalization policy adopted by Government of India in early nineties, Indian economy has witnessed tremendous reforms. This coupled with revolution in communication technology made it possible for India to reap the benefits of globalization to certain extent. This resulted in structural change and fast growth in Indian economy. But then every coin has two faces. Behind bright and prosperous "India shining" there stands a striving poor India too. If globalization has given us everything it has given us nothing as well.
File Format	PDF HTM / HTML
Alternate Webpage(s)	http://garph.co.uk/ijarmss/oct2013/16.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article