GLOBALISATION CONT...2

THE WORLD IS 19 YEARS OLD
Year 1989. The year I feel was the year of change and revolution. George Bush Sr. took over the US presidency from Ronald Regan, the Soviets left Afghanistan, Ayatollah Khomeini placed a fatwa on Salman Rushdie’s head and dies himself the same year, Egyptians found the 4400 years old mummy at the Great Pyramid of Giza, a new government is also formed in India and Greece, France celebrated the 200th anniversary of the French revolution, cold war started plummeting, Boris Becker won the last of his Wimbledon Championships and the world saw the emergence of arguably the best player in the history of Lawn Tennis – Pete Sampras. These are a few of the significant happenings of 1989. The year really was the year of change. The most significant change was the birth of Globalization and the US dominance on the world that lasts to this day. This new world might just be 19 years old but it has attained the power of youth. With one more passing year it would officially reach its youth from teenage. Globalization has converted the world into a globalized village and market place.

GLOBALISATION - EFFECTS OF WORKING IN A MNC

WORLD AFTER THE WALL

Well no I am not going to talk about Pink Floyd, “THE WALL”. It is all about the wall that fell and gave birth to a new world – THE BERLIN WALL. The world changed dramatically after this ground breaking reality. What we are witnessing today is the new world that was born with the demise of the Berlin Wall – the second round of GLOBALISATION. The first one ended with the First World War. Though the industrial revolution was significant, the second round is far more prodigious. With its extraordinary degree and force it has converted the world into a small place where no distance anymore. There was a time during the cold war when people from the third world counties wanted to settle down in USA & UK. Even the two countries wanted people to come and work for them. Now they themselves have started to move out. People from the superpower are now realizing the potential that the developing countries have and hence have started to come out of their highly sophisticated world and settle in these countries. Initially it was tough for me to believe that the chairman of my organization is an American, married to an Indian and is living in India, even though he plans to reside in an airplane now. Can there be any congruence between the globalization of pre World War I era and the one that is affecting now? I would leave it to the reader to have his own verdict on that.

Thomas L. Friedman, the famous New York Times, foreign affairs columnist said in his program on the discovery channel that the coming up of the call centers in a country like India has had a significant impact on the youth of the country. Like every impact has it pros and cons, this one also brings in some positives and negatives with it. I do not intend to criticize or appreciate anything in my investment of time writing this article but for the edification of the readers mind upon this change that is affecting our lives in a major way.