Globalization and a Shrunken World

About the Book

The book deals with pros and cons of Globalization and its focus extends both to the home and host countries. While Globalization has been beneficial it has not been without challenges for both home and host countries. There are many areas where the host countries, tend to benefit significantly, from Globalization. The interface with the global economy unleashes a lot of positive energy in the economic systems of the affected countries, particualrly in the host country's economy. The book deals with the challenge of immigration, which the developed countries are facing, as an offshoot of inclusiveness that comes with Globalization. Increased debt intensity in some of the developed economies have resulted from their integration with the World economy, which many countries have witnessed since early 1990s. The book also delves into how the phenemenon of Globalization has been leveraged, by some countries more than others. While US has been the leader in unleashing Globalization, India, an effervescent democracy, have gained substantially, from this trend, having significantly developed its professional competencies.

About the Author

Dr. Subhrendu Bhattacharya is a senior bureaucrat appointed by Government of India. Dr. Bhattacharya has been an administrator, policy analyst. He has been associated with economic development for decades, implementing welfare schemes in different areas such as industries, economic liberalization, district development and the like. He has been actively involved with poverty reduction programs of the Government in India ranging from green revolution to modernizing agriculture, augmenting water supply in the rural areas, improving irrigation systems. Other areas of his management expertise include policy making, advising on policy issues, banking and financial planning. His areas of responsibility covered financial planning and implementation of World Bank and bilaterally aided projects, in the areas of irrigation, urban development, water supply, disaster management and technical education, in the state of Andhra Pradesh in India, the capital of which is located in the high tech city of Hyderabad. He has headed a few corporations as Managing Director, with over all responsibilities of efficiently running the corporations, besides maintaining accountability to the Government and legislative bodies of the State and Federal Government, arranging its finances from sources finance including domestic banks and also the multilateral institutions. The corporations during his tenure witnessed the process of economic liberalization, privatization as the Indian economy liberalized in 1993. He maintains academic interfaces with different institutions including Indian Institutes of Management, Administrative Staff College of India, Management Schools of different universities, etc. He holds a Masters Degree in Physics (Electronics), History and Finance, and a Ph.D. in Economics. Dr. Bhattacharya has undertaken research in the areas of International Capital Markets, Credit Markets, Securitization of Debt, International Trade, Protectionism/ Economic Nationalism, Economic development in reference to Washington Consensus, World Trade Organization, Business Ethics, Corporate Governance and Corporate Social Responsibility (CSR), Labor Markets and Labor Laws, Business Strategy, Globalization and Economic Liberalization. He has many publications to his credit