Live7n.com

The Best Your NOTEBOOK can Get from an Idiot’s Guided Resources.


Some Shocking Impact of Globalization in Asia

2 October, 2007

World’s largest numbers of poor are living in Asia. More than 4 billion people in Asia are not able to earn just one US dollar in a day. With is another 7 years almost 50% poor of the world will be the inhabitant of Asia and 75% of Asia’s area is a rural area.  Due to Globalization,The poor are getting poorer everyday and rich are earning more wealth. Pollutants across the world are gathered in the developing countries in form of foreign investment and industrial development. As a result the environment of this part of the world is degraded and generating a climatic change in the future. Now, India can play a major role in developing the economic of developing countries to face the challenge of globalization. Asian countries are in the back foot regarding the infrastructure development of Human resources and the production of energy. The mixing of cultural is a good effect of globalization but losing of jobs by the local boys are very natural. The quality of production in the larger scale is truly international standard but the middle class consumers are not taking easy breath for buying those luxury products at an international rate. 

| Current Affairs, Society & Civilizations | Author live7n

Write a comment