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Globalization in India by Subarno Chattarji, Tapan Basu, Suman Gupta

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Economic Globalization, Cultural Identity and Social Conflict

Jayati Ghosh

The most recent phase of international capitalism, which has been characterized by a new form of imperialist globalization, has been one of very rapid and dramatic changes. For economies around the world, it is now clear that the optimistic promises made about this process around the start of the 1990s have been belied by the actual outcomes. And in the initial years of the new century, the majority of people in the world are living in countries where economic insecurity of various sorts has increased quite significantly, and has changed the ways in which citizens can react to both national and international economic forces. This has obviously affected not only material ...

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