Today globalisation is a word used and known by nearly everybody. It is literally in everybody’s lips, as Bauman, Z. states in his book “Globalization: The Human Consequences” (1988). There are thousands of debates going on about a globalized world. But the question remains: What is meant by the expression “Globalisation”? Do we live in a globalized world? And can there actually be enough of globalization? How does globalization effect our live and what are the advantages and disadvantages of globalization
Political Economy of St. Lucia: Karl Polyani and Charles Dickens “Everyone is talking the talk but not everyone is walking the walk.” – Montek Singh Ahluwalia. (Globalisation and the Indian economy) Starting off with the statement above, I agree with most of the contemporary economists that not every nation in the world is able to cope up with the ideas of neoliberalism and globalization. Globalization is a continuous process through which an increasingly free flow of human capital as well as infra
according to the American Heritage Dictionary (2004) is “reaching beyond or transcending national boundaries.” The transnationals are individuals who maintain a number ofconnections across international borders. These connections could be social, economic, cultural and political. At this point it is interesting to note the example of Jhumpa Lahiri who has become a true transnational. For instance in her new book, In Other Words we see the transnational behaviour of this writer who is herself asecond