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Globalisation or Colonisatioin?

Kalyan Ray (Author)
Synopsis Globalism has come to be accepted as the dominant world philosophy for the twenty-first century. Globalisation is not a new phenomenon, but extension of the policy of colonization, which started with the Industrial Revolution in England. The author has traced the history of Colonialism from the eighteenth century and linked it up with the present phase of Globalisation. While analysed the process of industrialization in France, Germany and the U.S.A. The two world wars were the result of competition for world hegemony, required for continuation of industrial revolution in the West. Two world wars intervened before an American centred world economy replaced a British centred one World Bank and I.M.F., the guardians of World monetary system, have played a major role in this direction. Signs of world depression are evident and serious differences have surfaced between U.S.A. and Britiain on the one side and on the other France and Germany, where the economic miracle has already run out of steam, giving credence to the theory that miracles are only short-lived. Colonialism is essentially an economic phenomenon and has outlived its formal political end. Economics and politics being closely inter-related, economic globalisation will also lead to political globalisation, with consequent loss of national sovereignty. Globalisation process consists of development of a strong center, with dominant states and a weak periphery of third world countries. The process of globalisation consists of globalisation of resources of the world, for the benefit of a small section of people, who control the levers of power. The picture if globalisation is one of increased unemployment and poverty throughout the world, while resources are being concentrated in the hands of the few through global control of technology. A technology and trade control regime has been ushered in through Dunkel Report of 1991 and subsequent world Trade Organization Agreement of 1994. This will not be in the interest of developing countries and particularly for India, where population constitutes the main resource. Technological redundancy, which is one of the author has supported his analysis and findings by thorough research. The book opens up an entirely new chapter on globalization, which will be of interest to academics, policy makers and general public, who are interested in the future of the country and the world at large.
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About the author

Kalyan Ray

After doing his post graduation in Econimics from Calcutta University, Kalyan Ray joined the Indian Administrative Service in 1965. During his service career he held various important posts in the Government. He held various key posts dealing with rural evelopment. He had first hand opportunity to participate and observe various poverty alleviation programmes taken up by the Government of the day from time to time. as a keen observer of Indian economic scene with his grounding in economic science, he would observe the gulf between theory and implementation. Sri Ray was the District Magistrate of one of the most backward districts in the country and was actively involved in various development schemes undertaken. Besides, as one of the key functionaries of Government over a long period, he had the opportunity to see the short-term and long-term impact of various Government schemes. According to his observations development is a multi-dimensional thing and wishful thinking, coupled with money do not translate into development. Since retirement from service in 2001, Sri Ray is fully engaged in acadeic pursuits, which he planned during his service career. He has long been interested in problems of economic development and had earlier authored a book, A Search for Demand: The Missing link in Economic Development, 1985. He has also published number of articles on economic and social problems.

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Bibliographic information

Title Globalisation or Colonisatioin?
Author Kalyan Ray
Format Hardcover
Date published: 01.01.2004
Edition 1st ed.
Language: English
isbn 8176295604
length ix+301p., Notes; Reference; Bibilography; Index; 23cm.