Shree Mahavir Bhumandalikaran ki Samjh (Understanding Globalization) by Dr Braj Kumar Pandey

Globalization is a diffuse term, but is generally used to describe the advancing integration, interdependence, and homogenization of the world, trends very often measured in economic terms. Social and economic development is essential for many nations to emerge from situations of persistent poverty and societal distress. In 1990 more than 189 United Nations member states pledged to work toward achieving by 2015 a set of Millennium Development Goals, a framework of benchmark advances addressing global needs in eight areas of basic human development, including poverty reduction, heath care, education and women’s rights.

In recent decades the development and applications of technology have increased greatly, spreading far into rural communities. At the same time international corporations and financing institutions have accelerated investment into previously underdeveloped societies and non-privatized sectors of their economies