International Research Journal of Commerce , Arts and Science
( Online- ISSN 2319 - 9202 ) New DOI : 10.32804/CASIRJ
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ECONOMIC DIMENSIONS OF GLOBALIZATION AND ITS IMPACT ON THE DEVELOPING OR THE THIRD WORLD COUNTRIES OF THE GLOBE WITH INDIA AS A CASE STUDY:
1 Author(s): SUDHANSHU KUMAR
Vol - 5, Issue- 3 , Page(s) : 253 - 259 (2014 ) DOI : https://doi.org/10.32804/CASIRJ
In the contemporary world there is hardly any aspect of life which is impervious to the process of globalization. Globalization as an interchange of various attributes among different societies is not a new phenomenon, but an ongoing process. What makes the present process of globalization different and distinct from earlier ones is the rapid increase in the frequency and the density of these interchanges. Everything happens much faster today than it did in previous eras. The current process of globalization, which is popularly described as gradual removal of barriers to trade and investment between nations was started towards the end of the 20 th century. It is said to aim to achieve economic efficiency through competitiveness, while seeking the broader objectives of economic and social development. It touches all spheres of human life; economic, social,