Impact of Globalization On Pakistan111
Impact of Globalization On Pakistan111
Impact of Globalization On Pakistan111
ID: BB-26956
Teacher: Miss Zehra Batool
Code: IR-301
INTRODUCTION
The term 'globalization' is multi-dimensional. It has
economic, social, cultural and political connotations. It
is defined as a process of rapid economic integration
among countries driven by the liberalization of trade,
investment and capital flows, as well as technological
change. Over the last 20 years or so, international
trade in the world economy has grown more rapidly
than the growth rate of GDP. This trend is expected to
prevail in the future as well, as nearly all economic of
the world are being integrated with each other through
"globalization". Globalization is a process through which
the links between people, communities and economics
of the world strengthen. However, the links become
weaker as the world confronts many challenges, posed
by globalization. The fight against poverty represents
the greatest challenge ever faced by the world
economy. The objective of this assignment is to help
improve understanding of the effects of the gradual
and selective approach to globalization in terms of
trade, wages, employment and social progress in
Pakistan.
DEFINITION OF GLOBALIZATION
Globalization, by definition, is the integration and
democratization of the world's culture, economy, and
infrastructure through transnational investment, rapid
proliferation of communication and information
technologies, and the impacts of free-market on local,
regional and national economies. The phenomenon of
globalization has created a dichotomy of perception
dividing the world into plethora of apprehensions and
appreciations due to the intense velocity which the
information about people, products, nature,
environment, politics and economy disperses across
borders, across countries and nations creating virtually
one world into a global village. Here the golden words
of late Dr. Mahbub-ul-Haq provides the true
vision:"Globalization is no longer an option, it is a fact.
Developing countries have either to learn to manage it
far more skillfully, or simply drown in the global cross
currents."Globalization is multidimensional and impacts
all aspects of life economic social, cultural and political.
Globalization in production and labor markets is leading
to increasing outsourcing of parts, components, and
services. The drive towards market liberalization has
rapidly accelerated the pace of globalization during the
past decade.
Theoretically:
CULTURAL CHANGE
Pakistan has a rich and unique culture that has
preserved established traditions throughout 5000 years
of history. Many of these cultural practices, foods,
monuments, and shrines were inherited from the rule
of Muslim Mughal and Afghan emperors. But now due
to IT revolution aliens culture is prevailing. In Pakistan
the Internet users are more than11.5 million. It is quite
evident from the survey that people are using Internet
for office and personal works Internet is now the
integral part of a communication system but on the
other hand there are some important aspects to note
that people are spending less time with their families,
reading newspapers/books, playing outdoor games and
watching T.V. Internet is taking over the place for
communication with friends and families because of its
ease and cheaper access. Most of the people also agree
that the usage of Internet has some negative impact
on our cultural values, due to easy accessibility of
pornographic materials. In Pakistan, internet is steadily
become ubiquitous everywhere, especially in the cities.
Due to the illiteracy and ignorance and the lesser
opportunities, majority of Pakistanis are unable to truly
reap the benefit of the revolution, which internet offers.
Internet cafes and Internet shops are present now at
the corner of every street and market. These internet
CONCLUSION
This paper has highlighted why globalization has
different meaning to different people in the world and
why different people and countries are pushing forward
their own agenda of globalization. Globalization, with
all its high technology, is able to penetrate and get into
non-Western cultures. The role of ICT in promoting and
enhancing the process of globalization has been
discussed though some of the results of these
developments are not entirely satisfactory in our
country. The ability to dial directly virtually anywhere in
the world means more and more people are able to
keep in touch globally whether for business or social
purposes. Globalization is at heart nothing but the
expansion of Western models of behavior of
socialization, organization, exchange in the market and
elsewhere to other parts of the world. This trend is
observed at net cafs. Most of the educated parents
keep a vigilant eye on their children while they use
Internet and do online contacts with their friends. This
vigilance is not possible for most of the parents who
are not computer literate and they do not know about
the Internet and its consequences. Globalization
brought new challenges to Muslim societies. This is
particularly true in technology and organization. These
are real problems, not only for Muslims, but for