Study on the Effects of Globalization & Sustainable Development: India’s Perspective

15 Pages Posted: 6 Aug 2012

See all articles by G. S. Popli

G. S. Popli

Delhi School of Business

Sima Kumari

Delhi School of Professional Studies and Research (DSPSR)

Date Written: August 5, 2012

Abstract

Broadly speaking the term “Globalisation” means integration of economies and societies through cross country flow of information, ideas, technologies, goods, services, capital, finance and people. It may benefit even within a country those who have the skill and the technology. Since the economic reforms of the early 1990s, the Indian economy has witnessed a rapid rise in the economic growth and simultaneously, has brought about an increase in the economic efficiency.

This paper tries to capture how these economic changes brought about by globalization have affected poverty levels across India considering the rural and urban sectors separately. Market and Government are the determinants of economic growth which affect poverty and inequality since both involve reallocation of resources.

The main aim of the paper is to study and analyze the overall view of globalization in India, considering the rural and urban dynamics which determine the relationship between economic growth and poverty. For this several policies have been devised by the government for the creation of more vibrant markets which promote economic growth, affecting poverty levels across the sectors.

Keywords: Globalization, Sustainability, Poverty, Growth, GDP

Suggested Citation

Popli, Gurmukh Singh and Kumari, Sima, Study on the Effects of Globalization & Sustainable Development: India’s Perspective (August 5, 2012). Available at SSRN: https://ssrn.com/abstract=2124569 or http://dx.doi.org/10.2139/ssrn.2124569

Gurmukh Singh Popli (Contact Author)

Delhi School of Business ( email )

VIPS - Technical Campus
AU Block, Outer Ring Road
Delhi, 110034
India

Sima Kumari

Delhi School of Professional Studies and Research (DSPSR)

9, Institutional Area,
Sector 25 Rohini Phase III
Delhi, Delhi 110085
India

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