Preview

The Effects of Globalization on the Phillipines and India

Powerful Essays
Open Document
Open Document
2033 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Effects of Globalization on the Phillipines and India
The Effects of Globalization on the Philippines and India
Lloyd Wood

In this paper the author will briefly look at the globalization of two nations, the Philippines and India. We will look at each country before globalization, the turning point where globalization began for each nation, and finally the effects of globalization on each country. This writer believes it can be successfully argued that the globalization of each country has improved the overall standard of living in each country. We will also look at the positive and the negative effects globalization has brought to each nation.
Globalization In The Philippines
The Philippines Before Globalization Throughout the last century the Philippines has been a nation with many separate ethnic groups within its boundaries. Its seven ethnic groups ( more depending on the method one uses to differentiate the population) are scattered over 7,000 islands (Banlaoi 2005). The Philippines pre-1995 was a country whose economy was largely based on agricultural production and on a small part on mineral resources such as copper, gold, chromium, and iron. It has been estimated that 90 % of Philippines' minerals have been undeveloped . Filipino government was authoritarian and considered weak, corrupt, and run by ruling families, clans, landlords and business. While the country regularly held elections, they were considered a farce as the ruling powers could easily influence and buy the outcome of elections to keep the status quo intact. It's no wonder then the government suffered low morale, corruption, and limited technological skills. All of these issues resulted in keeping the country from having a cohesive socioeconomic organization (Villanueva 21). Poverty has been a major problem for the Philippines. In country of 80 million people it is estimated that over 14 million live in poverty. Filipino religious background has been dominated by



References: Banlaoi, Rommel C., (2004) Globalization and Nation-Building in the Philippines: State Predicaments in Managing Society in the Midst of Diversity. Growth and Governance in Asia. retrieved from http://www.apcss.org/Publications/Edited%20Volumes/GrowthGovernance_files/Pub_GrowthGovernancech16.phf, 5-7. Coleman, D. ,( December 12, 2008) Elephant on the Rise: The Challenges of India 's Globalization. http://honors.unca.edu/files/Coleman_O.pdf, 1-15. Kumar, N. (Spring 2009). India Unleashed. Business Strategy Review. London Business School. Retrieved from http://www.bsr.london.edu/lbs-article/202/index.html, 5-8 Llitiro, D., (June 26, 2007) Globalization as a Stabilizing Force in Philippine Politics. Philippines Without Borders. Retrieved from http://davidllorito.blogspot.com/2007/06/globalization-as-stabilizing-force-in.html Nobrega, W., Sinha, A., (April 1, 2008) Riding the Indian Tiger: Understanding India: The World 's Fastest Growing Market. Wiley, Hoboken , NJ , USA, 5-6, 134. Schifferes, S., (January 21,2007). Globalisation Shakes the World. BBC News, Bangladore. Retrieved from http://news.bbcco,uk/2/hi/business/6279679.stm Sibal, Jorge V., (January 7, 2010). The Effects of Globalization on Economic Restructuring on Philippines Labor Policies and the Responses of the Actors of the Philippine Industrial Relations Systems. Retrieved from http://www.docstoc.com/docs/21496173/The-Effects-on-Economic-Restructuring-on-Philippines, 6. World Trade Organization (2011). Retrieved from http://www.wto.org/english/thewto_e/tif_e/fact1_e.ht

You May Also Find These Documents Helpful

  • Powerful Essays

    Walsh, Judith E. A Brief History of India. New York: Facts on File, 2006. Print.…

    • 1212 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Nayar, Baldev Raj. "India 's Globalization: Evaluating the Economic Consequences." Policy Studies 22 (2006). East-West Center Washington. Web.…

    • 1929 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Katz, R. & Lawrence, R.Z. & Spence M. 2011 Manufacturing Globalization: Is globalization to blame for rising unemployment and income inequality?, Foreign Affairs Magazine, 90(6), pp. 166-172.…

    • 1176 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Bibliography: ^ Bhagwati, Jagdish (2004). In Defense of Globalization. Oxford, New York: Oxford University Press.…

    • 719 Words
    • 3 Pages
    Best Essays
  • Good Essays

    Poor People Have Hope

    • 406 Words
    • 2 Pages

    It is known that Philippine is currently facing several political, economical, and social problems. The political system and the economical status are two inseparable factors on the growth of every country, and Philippine has no stable economic status because it has no stable government. The government plays a big part in managing and regulating the functions of the economy, it also must support the poor people in its country, even the rich ones, and at least it must provide shelter and food to the poor people living there.…

    • 406 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Pest Analysis for India

    • 1077 Words
    • 5 Pages

    Cited: Richard H.K. Vietor, and Emily J. Thompson. India on the Move. Harvard Business School, 2008.…

    • 1077 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Nat Aid

    • 11403 Words
    • 46 Pages

    Liberalization a policy under Globalization encourages the Philippines to open its doors to the entry of goods and services from allied countries. Bringing their investments, they build businesses, manage mining, provides ease to Export Processing Zones (EPZ) or foreign companies. Provides incentive to foreign companies and traders in the country. In a 60:40 split they are able to own local industries. On the other hand, they are being used due to the lack of capital and technology. Enables the entry of foreign goods and encourages competition with local products. Foreign products have much lesser prices that’s why it is able to eliminate local competitions. It paved the way for the collapse of many local industries though it increased foreign trade. Along with this the limitation on imports is being enforced to protect local industries.…

    • 11403 Words
    • 46 Pages
    Good Essays
  • Powerful Essays

    Cash Transfer (CCT). It is a social protection program that transfers cash based on the…

    • 6760 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Impact of Globalisation

    • 2863 Words
    • 12 Pages

    Today India is considered as the largest growing nation in the world next to China. The economic boom that is being…

    • 2863 Words
    • 12 Pages
    Good Essays
  • Good Essays

    While globalization is expected to positively affect the economy in the long run, it would also entail painful adjustments in the short-term. And like most countries which underwent the same process of liberalization to be part of the global economy, the Philippines has started to experience the short-term adverse effects of globalization.…

    • 391 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Poverty has been a major problem in the Philippines.Unfortunately, the number of Filipinos suffering from the aforementioned social problem is increasing every year.Some have more than enough to eat, are well clothed and healthy, and have a reasonable degree of food security but others may have inadequate food and shelter. Their health is often poor, they may be unemployed and their prospects for a better life are uncertain at best.As one of the developing countries, the Philippines is still suffering from several sociological and economic problems. Incidence of poverty seems unstoppable. Many Filipinos are suffering from extreme poverty and hunger and the worse thing is these vulnerable populations are rapidly increasing in number. (Monterola, 2013)…

    • 4802 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Philippine Politics

    • 781 Words
    • 4 Pages

    I would like to express my gratitude to those who have inspired and helped me in my endeavor to create this project for my accomplishment course in English IV.…

    • 781 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    globalisation

    • 3543 Words
    • 15 Pages

    We live in the fast growing world of globalization where the entire world has now shrunken into a small global village. Globalization has often been regarded as the ‘cradle’ of global economic development. This so called ‘world liberator’ however has not escaped criticism as opponents claim that it has been the cause of social evils and rising levels of poverty in developing countries. Due to the nature of globalization and in its bid to open up social, economic and political boundaries currently in place, various functions in different countries have been affected. This research will shed some light on the potential threats and benefits of globalization along with its effect in developing countries. This has been a subject of debate with different views being put forth about the possible outcome of globalization in developing countries.…

    • 3543 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    The Bureaucracy

    • 4802 Words
    • 15 Pages

    De Guzman, Raul P. and Reforma, Mila A. (1988). Government and Politics of the Philippines. Singapore; Oxford University Press.…

    • 4802 Words
    • 15 Pages
    Powerful Essays
  • Better Essays

    us over past centuries and how globalization puts human societies all over the world closer…

    • 2768 Words
    • 9 Pages
    Better Essays