Globalisation & Indian Women

What is Globalisation?

According to American economist Edward S. Herman, “Globalisation is the expansion across international borders of management and process. At the same time, it is a condition of facilities and economic relation which is constantly expanding and its simultaneously changing.”

In concept, globalization is a complex, economic, political, cultural and geographical process in which the mobility of capital, organizations, ideas, discourses and people has taken a worldwide or value-based structure. With the globalization, developed nations are reaping the benefit with directing their industrial facilities towards developing countries for cheap labour.