Globalization vs. Nationalism

!>>> In my point of view, In a country, both globalization and nationalism should go hand in hand.

Globalization refers to a process by which businesses or organization achieved international influence or start operating at international scale.

A country is to be called developed if it is able to compete with the world in all sectors and gained some rank in superiority in any sectors like IT sectors, Agriculture sectors etc.

Since for these, we need to know other countries technologies, employment skills and many other things.

Globalization helps us to meet the demand of acknowledging these.

ADVANTAGES:

Globalization play's a very crucial role in country development.

1. It enhances the employment of country. And also it helps to develop the employment skills of an economy such to compete with the world.

2. Gaining the use of new technologies that far has not yet developed by the nation.

3. It's built strong trade ties with the nations, etc.

DISADVANTAGES:

Globalization carries some disadvantages along with are as follows.

1. It's bankrupt many local businesses or organization.

2. People of the nation no longer follows its own culture. The began to survive by focusing on less costly costumes, dresses, etc.

Also before competing with world economies we need have an internally developed nation, in these context NATIONALISM coming into the picture.

According to Nationalization, it states the process of transforming private assets into public assets under the public ownership of national government or state.

Nationalization refer's to the context of building a nation without competing with the world.

Small scale organization, firms, and businesses are provided supports from the government for its development such that in future it can compete with the world.

Allowing no taxes on export and low taxes in the import of goods.

Providing good sources of education for skilled employment.

Global. The word itself defines the world without boundaries. To start with I would like to state the economic reforms done in 1991 then PM of India Mr. Narasimha introducing globalization of trade. There is no doubt that India made a mark in the world economy due to global thinking. The same results wouldn't be possible with a closed economy. Being global does not mean anti-national it only give us strength and ability to be at par with other world leaders.

Globalization itself generates employment within and outside country. Globalization in other terms also to be social enough to be concern for other countries problems. Now the times have change we alone cannot make the great difference for the mankind. As it is rightly said that " ships are safe in harbour but that not they are made for". Globalization in terms of culture gave us an opportunity to to learn new languages /traditions/lifestyles. It made our living far more secure by sharing each others technology in the field of medical science/space research/gadgets.

Todays world globalization we clearly see that for livelihood we go from one state to another from one country to another the whole world has become our family where we get every chance to explore new things and show our talent. Closed economy and closed culture often made economic slowdown. A fine example would be Indian economy comprise of 45-50% from service sector which have many clients around the world. It clearly states that clients abroad helps India to grow. Also India is one of the largest producer of fruits and vegetable which is around 240mn MT. Imagine what would have been a scenario if there wouldn't be export of these goods. Globalization helps us to meet our needs and maintain a stable demand supply ratio.

Therefore to be secure and for a economic social progress GLOBALIZATION is the need of hour.

Globalisation is like an adhesive to bring together the idea's, technology, design techniques, entertainment sector and the culture of all the nations and share on a common platform so that the world can make use of these global resources as well as give their viewpoint on the same. It is the creation of a global economy the creation of a global culture.

There are lot of examples of globalization in various sector's:

Be it the entertainment field where a film like " Slumdog millionaire ", music director " A.R Rahman" and actress of Indian origin " Freida Pinto " receives the oscar award for their outstanding and magnificent performance. And the entire nation stood united to applaud these achievements.

Be it the Business sector where the world famous food chain brand McDonald's has so much potential that it operates 30000 restaurants in 119 countries around the world and it opens a new restaurant every three hour, and is located on every continent except Antarctica employing three million people worldwide.

While Nationalism is the feeling of love, respect and gratitude towards our nation, culture, ethics and values.

And in my viewpoint both nationalism and globalisation go side by side because any individual, group or community or any business firm in any nation with feeling of nationalism would definitely love to make their nation stand strong along with the leading nations of the world and for that they need to promote their culture, traditions, technologies and their values on a global platform as well as accept the global culture, thoughts, values, ideas and technology open heartedly, without forgetting their own values.

So promote your nation as well as accept other nations to make the the two things go along together.

In my view, Globalization and Nationalism are two different sides of a coin. Both playing the significant roll in Nation. Globalization is a platform where we share or exchange our products, culture, ideas, technologies, educations and other resources among the nations is the actual meaning of globalization. Globalization allow to the import, export, trades on international market. Globalization teach us foreign management, easily hire the foreign technologies. In last four years, our Prime Minister Shri Narender Modi invited many countries businessman and Intentional company in our India for set up new technologies and idea. In make in India we spread out our technologies among the nations and also invite new manufacturing company to setup their branch in India. Globalization help to increase in Growth rate of GDP. Our PM Shri Narender Modi is a youth icon in present time. It is true our Prime minister take initiative in transferring the Foreign technologies in India. Our nation is a developing country and for a developing country new technology play a very important roll. In present, India raised its interaction from the world through globalization. Globalization cause economy revolution in many country.

On the other side, Nationalism is much important for a nation. Nationalism is the feeling of patriotism, respect and love towards our country. Nationalism is shown how to we represent our country on an international platform. Nationalism gives the permission to trade inside the limited boundary. Nationalism is the feeling of the person about his country. If we don't have these feeling than how should we represent our nation on international platform.

Both the globalization and nationalization are important for a company to grow in all aspects. These are just like the two eyes out of which any single eye cannot be neglected as it is. Globalization is the new buzzword that has come to dominate the world since the nineties of the last century with the end of the cold war and the break-up of the former Soviet Union and the global trend towards the rolling ball. The frontiers of the state with increased reliance on the market economy and renewed faith in the private capital and resources, a process of structural adjustment spurred by the studies and influences of the World Bank and other International organisations have started in many of the developing countries. Also Globalization has brought in new opportunities to developing countries. Greater access to developed country markets and technology transfer hold out promise improved productivity and higher living standard.

But globalization has also thrown up new challenges like growing inequality across and within nations, volatility in financial market and environmental deterioration's. Another negative aspect of globalization is that a great majority of developing countries remain removed from the process. Till the nineties the process of globalization of the Indian economy was constrained by the barriers to trade and investment liberalization of trade, investment and financial flows initiated in the nineties has progressively lowered the barriers to competition and hastened the pace of globalization.

Globalization and Nationalization can co-exist, but only to the point when globalization is not confused with Westernization. Post-Independence, we Indians, have had strong infatuations with western traditions and way of life. To globalize does not necessarily mean to adhere to a different philosophy and abandoning our entire belief system. Different countries can co-operate peacefully on economic as well as other platforms without infringing upon the Nationalistic ideologies of another nations.

I would like to add an important historical point here. Back in the day, our country was proud to have Universities like Taxila and Nalanda where students from all over the world came and gained knowledge in various disciplines. The medium of language was partly alien to the foreign students. Still they came and studied. After all, it was the education that mattered and not the language.

It is one of the few examples where we managed to globalize tremendously keeping the nationalistic tendencies alive. There was a huge influx of foreign students at that time. Currently we do have "world class" management institutes but they do not have the same amount of foreign influx. We certainly have globalized a lot post-independence, but that globalization has come at the cost of Nationalism.

And this is what we need to keep in mind. For a country having tremendous cultural heritage, nationalistic ideologies are an intrinsic part of getting Globalized. If we continue on the current trend.

In my opinion nationalisation is more important. Hadn't India been among top in the list of corrupt countries, it would have been among the richest economies. The government of India still has loads of money for education and eliminating poverty, and employing the unemployed. We can see japan as among the richest economies as it emphasises on natoinalisation rather than capitalisation.

It is not agreeable that globalisation is important for gaining new expirences and technologies and ideas, because its most of the indians working abroad who study from India but due to lack of good opportunity, go to abroad and develop technologies there which are then imported by India at a high cost. With nationalisation, these people will remain here only and thus contribute in the development of our country. I think we can be known better if we are nationalised and have a good economy ratHer than being globalised and having a poor economy. With nationalisation opportunities in every feild will increase.

Though nationalisation grounds us to our roots, but we should always remember that the secret of our country's past lay in its ever accepting society. We destroyed ourself only by giving up the same openess. Culture itself is an ever changing entity. So, we need not fear of becoming very stubborn or reservred in terms of culture with nationalisation.

Globalization is the product of multinational corporations greed, exploiting and ravaging poor nations for corporate profit. Multinational corporations from the US have the US govt in their pockets. They rob US jobs with overseas slave wage workers and create dependence on other countries, like the mideast for oil and china for our cheap trinkets. Id be glad to pay a little more for oil and parts and trinkets and stuff to keep jobs in the US. The US through globalization brought on by multinational corporations, most based right here in the US have depleted the independence of the US.

In roman times, all roads led to Rome. The wealth of the roman empire flowed from the rest of the world into Rome. When history looks back, The US empire will be the only one in history to have created such massive wealth and gave it away to the rest of the world who still hated them for it.

In my opinion countries like Iraq, Afghanistan, Egypt or any other country for that matter do not appreciate our help our intervention, our wars, our democracy, our aid or anything about the US.

Globalization might be good for some countries, but it is bringing down the US. Time for nationalistic policies keeping jobs and a good economy at home before we spread the wealth to the rest of the world.

Yes, I also agree with both because both are the two sides of a coin, if we think about globalisation which is essential for every country to weigh its economic situation in front of other countries at global level, globalisation always support that country which comes at a global level to share new technology, education as well as culture, no one can avoid the impact of globalisation, it states the situation of economy of a country as well as GDP, PPP ALSO.

BUT on the other hand the nationalism I feeling towards our country to do something for our country like love, respect and patriotism, but here is doesn't matter that nationalism is less than global because if we have advanced technology as well as education which may be other countries have not then we have a opportunity to share with others at global level which makes powerful of our country, and also our country should accept new things from others and give opportunity to drive its, which may help to our nation in a global.

So finally both are interconnected to each other nationalism works like body muscles for every country, and globalization works like the skin of the body to confront with others.

For instances boycott Chinese product, make India etc it works for nationalism.

Hi friends.

As everything has some bad effects, Globalization is not an exception. As far as economic development is concerned globalization is very important for developing countries. Investment of large amount of capital by foreign companies, new ideas, advance technology are the gift of globalization. If the small companies of a country adopt the new ideas, if they take the advantage of new technologies then it will help to improve and grow their business and one day they will be able to compete with the foreign companies which ultimately will help a country to grow.

Globalization also help us to know about the culture of other countries. We can introduce our culture in a global stage through it. But in India we are neglecting our own culture and are adopting the bad things of western culture. Without giving respect to our own value and culture, we cannot represent our country in a global stage. It is true for other countries also. Here is the importance of nationalism. So a proper balance between globalization and nationalism is needed for becoming a developed one from a developing country.