IDEAS home Printed from https://ideas.repec.org/a/icf/icfjme/v05y2007i1p63-80.html
   My bibliography  Save this article

Socioeconomic Dimensions of Globalization in India

Author

Abstract

Liberalization and globalization of the Indian economy in 1991 was not the outcome of expansion due to productive prowess seeking new markets or sources of inputs, but a culmination of the decadence within and the pressure without. It was fueled by a built-up of external debt that had left India with not many alternatives but to open its economy to the international market forces. In this paper, it is explained how globalization brought structural changes in the economic as well as the social domain. The process of globalization not only opened up the economy and accelerated cross-border mobility but also brought economic imbalances and social evils. Although with globalization, India has secured for itself a comfortable international presence, inequality in the distribution of income and wealth, and the quality of governance of the unorganized sector are major concerns that need to be addressed.

Suggested Citation

  • S K Mishra & P Nayak, 2007. "Socioeconomic Dimensions of Globalization in India," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(1), pages 63-80, February.
    • Handle: RePEc:icf:icfjme:v:05:y:2007:i:1:p:63-80
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ajishnu Roy & Aman Basu & Xuhui Dong, 2021. "Achieving Socioeconomic Development Fuelled by Globalization: An Analysis of 146 Countries," Sustainability, MDPI, vol. 13(9), pages 1-15, April.
    2. Sudhanshu K. MISHRA, 2017. "Almost equi-marginal principle based composite index of globalization: China, India and Pakistan," Journal of Economic and Social Thought, KSP Journals, vol. 4(3), pages 335-351, Seprember.
    3. Mishra, SK, 2012. "A comparative study of trends in globalization using different synthetic indicators," MPRA Paper 38028, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjme:v:05:y:2007:i:1:p:63-80. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.