Monday, January 22, 2007

Globalisation shakes the world

By Steve Schifferes
Economics reporter, BBC News, Bangalore
Globalisation is a word that is on everyone's lips these days, from politicians to businessmen. BBC News is launching a major examination of the subject.

Few places in the world have seen the dramatic effects of globalisation more than Bangalore, the Silicon Valley of India, which is experiencing an unprecedented IT boom that is transforming the prospects of the Indian economy.

Globalisation is blamed for many of the ills of the modern world, but it is also praised for bringing unprecedented prosperity.

But what is globalisation, and what are the forces that are shaping it?

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