Write short notes on the followings below
Globalization has become a buzzword in the new era of international relations. It is a process of expanding trade and commerce all over the world by creating a borderless market. But it has had a far-reaching effect on many aspects of life. Bangladesh as a member of this global network, is greatly influenced by the remarkable process of globalization. We are living in a global village where third world countries like Bangladesh are in constant interaction with the developed ones. We can now learn in an instant what is happening in the farthest corner of the world and travel to any country in the shortest possible time. We can now buy and sell goods through the electronic medium. Thus the free market economy has contributed to the progress of our economy. But for the developing country like Bangladesh, many opine that, this globalished economy has some serious side-effects that are adversely affecting our economy. It is clear that globalization has arranged an unequal competition between developed and undeveloped or so called developing countries. So, the industrially developed capitalist countries are or a triumphant march. It is creating more opportunities for capitalist countries other than the developing ones like ours. In the name of help and co-operation, the capitalist countries like the USA, the UK are exploiting the cheap labour available in our country. the capital. Since our country is backward in science and technology, it can not excel in competition.
As a result, rich countries do better than the poor ones and prosper rapidly at the cost of others our market is packed with foreign goods.
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So, our local products are losing market as they are not as good as the foreign goods. Consequently, our small industries are meeting decay and thousands of people related to or dependent on these industries are being left unemployed. In the name of help and co-operation, international financial institutions such as IMF, ADB, WB are trying to occupy market in the third world countries and thus making a huge profit. They are providing loans to Bangladesh but they are imposing some conditions on our economy and politics. Although globalization is mainly concerned with business, trade and international relations, it is no longer viewed from that perspective alone. Under the influence of globalisation global cultures are steadily getting integrated with local cultures. The intrusion of foreign culture is seen by many as a threat to our national identity. In this age of globalisation, we must not keep our doors shut down. We must try to keep pace with the world. But we must not lose our identity as an independent nation.
আপনি আমাকে যেকোনো প্রশ্ন করতে পারেন, যেমনঃ
Are you sure to start over?