12 years later, things have come a full circle - Americans / Europeans are dreading the same globalisation.
Many Europeans, like many Americans, feel threatened by globalization. But the challenge cannot be met with Mr. Sarkozy’s misconceived ideas, including designating threatened European companies as nationally backed contenders, and giving them special legal and economic privileges. That approach will see sheltered European firms fall even further behind newer and more efficient competitors from India, China and elsewhere.While much more can be said - it was amply felt during our time in France and reading articles otherwise. Indians are riding the wave, better than the Chinese apparently. Pepsi / Coke which were often the target of anti-economic-imperialism screams, finds an Indian lady at the helm. Ditto with Adobe.
Too inexperienced to comment more -- but :-)
6 comments:
Hi Shantanu, happened to come across your blog today...good writing..!
i take the liberty of commenting on this write-up of yours...as it is a very interesting topic
U rightly said that the western world is now fearing globalisation...and the reasons are as follows:
1.Countries like the US, Japan are older nations more than 60% population being above the age of 65
2.India is one of the youngest countries today...cheaper education, no. of graduates in the country is very high...again qaulity of human resource is of global standards....this all pulls FIIs to India....and India becomes country of tomorrow. This power shift frightens few western countries.
I guess i will go on...so before you get bored..i stop.
Will be happy to read more from you..!
-Shalaka :)
Bingo!
Incidentally, Siva and i gave a 30 marks presentation on India's liquidity crisis of 1991 and the reforms that followed just last week. Was quite amazed to see the adieu to socialism, the opening of markets, the rise of Narsimha Rao and Manmohan Singh etc. We have all heard about the crisis, but we happened to be very young and dont know what it was. I strongly urge u to read something about it. GOD hota sagla prakar!
@shalaka :-
Thanks! If you have some interesting reads about the same or some macroeconomic fundae, would love to go through them :-)
So me getting bored just yet, isn't quite true!
Also, I wonder how India can avoid a top-heavy age pyramid, some decades down the line?! Better healthcare will ensure that anyone who is 25 now has an excellent chance of clocking 80.
@tejas :- Presentation pathav.
yeah i hv some reads n ppts..will give u...n talking abt age pyramid, i guess its going to strain infrastructural facilities badly unless very reforming steps are undertaken...the issue of long life will be a problem only because of population load....coz there wud be a limit to how many roads to built etc...environment is going to be in perilous condition....lets discuss these topics sometime...what say?? u give me views on technological position of India in coming years....will like to know abt it(ofcourse if you dont mind)!
bye tc Shalaka :)
@shalaka :-
Sure! Do mail me the write-ups that you have. I'll need to read up before making any half-intelligent conversation with u.
btw, Do I know you!?
lolzzzz...r u suffering from amnesia..or is my name very common..(which i think is not..)tht u r confused... ok some obvious clues...
1)u know me for more than 7 years now
2)u owe me 2 treats.. ;) :D
3)u made me wait for u for 15...no....20 minutes recently
aani vichartos ki "do i know u?"
wah...chaan! :) am sure olakhalas tu... :)
Shalaka.
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