In recent times there has been a rise of protectionist policies and revisionist states. Democracies have increasingly being voting for nationalist leaders, in order to escape globalization and its extended upshots — increased immigration, unemployment, job competition, better revenues etc. However, one should remember globalization has been taking place for eons of centuries and it is here to stay. Simply closing your economy, enhancing tariffs or plugging the migration trend will not help. With technological advancements and innovations, the world is interconnected and interdependent more than ever. Established trade links, or formation of new ones for that matter, serve as […]
Category: Migration
Globalization & Migration
Globalization, as Anthony Giddens has defined, is the intensification of the worldwide social relations which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice—versa. Often perceived to be a present age phenomenon, globalization has been happening for centuries. It is intricately linked with trade dealings, whether in 1st century owing to the silk-road mechanism or in 16th century with the emergence of capitalism. It has encouraged free trade agreements between nations, development of multinational corporations, and a network for free flow of goods across the globe. This trans-national flow […]