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Effects of Globalization on India

ss that favors strong nations (such as the US) while exploiting the weak. Whether or not this is true is of grave concern to a nation such as India, which is blighted by destitution, inefficiency, ethnic conflict and starvation.

India is a nation that must contend with a series of demographic challenges. Its reality is comprised of "a billion individuals, belonging to countless ethnic, linguistic, religious, caste and other defined groups"; from within, voices of dissention are becoming more agitated and more frequent as "social inequity, regional disparity, and political instability" continue to manifest (Weightman 168). India's population is extraordinary. Adding 18 million people per year, India will likely contain more people than ChinaĆ¹an area more than twice as largeĆ¹within this century; even if India achieves its two-child per family objective, by 2015 it will still have a population of nearly 2 billion (Weightman 168-72).

These population trends cannot but be problematic for India. Extreme population growth can have a myriad of negative affects; these were well documented by Ansley J. Coale and Edgar M. Hoover in a 1958 study that dealt specifically with India (and Mexico). As Allen C. Kelley recalls, Ansley and Coale created a model that identified three primary adverse impacts of population growth: 1) It is "capital-shallowing" (that is, it reduces the ratio of capital to labor), 2) It perpetuates "age-dependency" (that is, it creates an increase in youth dependency), and 3) It constitutes an "investment diversion" (that is, it causes a shift in government spending into health and education at the expense of "growth-oriented" programs) (35).

Though the relevance of the Coale-Hoover framework has diminished as economic theory has advanced, it remains u

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Effects of Globalization on India. (1969, December 31). In LotsofEssays.com. Retrieved 16:08, November 22, 2024, from https://www.lotsofessays.com/viewpaper/1703338.html