Globalisation

Question

Explain the concept of 'common but differentiated responsibilities'. How and where was it emphasized upon?

 

OR
 

Explain any three benefits of globalization with examples.

Answer

The benefits:
(i) Indeed, state capacity has received a boost as a consequence of globalisation, with enhanced technologies available at the disposal of the state to collect information about the citizens. With this information, the state is better able to rule, not less able.

 (ii) Economic globalisation generates greater economic growth and well-being for larger sections of the population when there is de-regulation. Greater trade among countries allows each economy to do what it does best.

 (iii) Sometimes external influences simply enlarge our choices, and sometimes they modify our culture without overwhelming the traditional. The burger is no substitute for a masala dosa and, therefore, does not pose any real challenge. It is simply added on to our food choices.

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