An Exploration into Political, Economic and Social Globalization of India
Keywords:
Political Globalization, Economic Globalization, Social GlobalizationAbstract
Globalization is defined in different ways depending on the context. Globalization is the process of interaction and interchange between the world views, products, ideas and other aspects. Changes in transportation and advances in telecommunication are major factors of globalization. Globalization is also the tendency of investing in businesses to move beyond domestic and national markets to other international markets around the globe, thereby increasing the interrelationship of the world. Globalization has marked its effect in international trade and cultural activities. According to the international KOF globalization index (2016) report, India was ranked at 107 out of 184 countries. This shows that India is not totally globalised as we think. This paper tries to analyse the status of India’s globalization and also studies the weak social and economic globalization with regard to India.
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