Effects of Globalization on India’s Economy and Society-Essay

PARTS OF THE ANNOTATION 

1 

Reference 

Citation information is same format as required in Reference List 

Bhatia, S. M., & Panneer, S. (2019). Globalization and its impact on business education in emerging economies: A case of India. South Asian Journal of Human Resources Management, 6(2), 278–291. https://doi.org/10.1177/2322093719838076

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Statement 

Short statement of author’s viewpoint 

The authors of this article argues that globalization has not produced the employment ready individuals or the expected developments in the quality of business education in India, as the business schools have been producing sub-optimally skilled individuals resulting in a significant skills gap.

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Describe 

Short summary of theory, research findings or argument 

The article reviews the aftermath of India's decision in 1990s to liberalize business education market, stating that the business schools has produced unemployable or sub-optimally skilled graduates. It highlights the lack of emphasis on factors such as management educations evolution and growth, work place changes, emotional intelligence and other issues related to the curriculum as a critical shortfall leading to an incessantly widening skill–employability gap.

4 

Comment 

Comment on usefulness/limitations of article/text for your research 

This article provides insight on the key issues leading to educational implications of globalization. However, it does not highlight broader economic or cultural impacts, focusing on business education only. Other than this the factor of Emotional Intelligence can be studied with other variables only in Indian context and for more generalized notions the studies must integrate EI in other emerging Economies.

5 

Evaluate 

Evaluate the article/text, taking into account how it relates to your essay plan and the ideas in other articles 

The findings relate to the essay plan as they highlight the shortcomings caused by the globalization in the education sector, that did not produced results in accordance to the expectations of economic benefits. This perspective complements other articles as it highlights the issues of human capital in a globalized economy.

PARTS OF THE ANNOTATION 

1 

Reference 

Citation information is same format as required in Reference List 

Roy, A. (2024). Impacts of economic development, globalization, and gross capital formation on natural resources rents: Evidence from India. Resources Policy, 97, 105259–105259. https://doi.org/10.1016/j.resourpol.2024.105259

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Statement 

Short statement of author’s viewpoint 

Roy asserts that while globalization and economic development can enhance the capital formation, they may affect the management of natural resource rents negatively. This study explores the link between the between economic development, globalization, gross capital formation, and natural resources rents in India.

3 

Describe 

Short summary of theory, research findings or argument 

This study evaluates the connection between economic growth, globalization, and natural resource rents in India from the years 1990 to 2020. It applies advanced statistical methods of Dynamic Auto-Regressive Distributive Lag (DARDL) simulation and Kernel-based Regularized Least Squares (KRLS) to showcase that globalization has adverse effect on natural resources, emphasizing that economic development does not always lead to sustainable results.

4 

Comment 

Comment on usefulness/limitations of article/text for your research 

The article is useful as it discusses the environmental implications of globalization. However, it is a quantitative analysis that may have overlooked the qualitative factors that influences the natural resource management. Where further investigations might explore the environmental implication on regional scale such that the policies must be implemented to particular characteristics of each region.

5 

Evaluate 

Evaluate the article/text, taking into account how it relates to your essay plan and the ideas in other articles 

This research relates to the essay plan with globalization's environmental impacts, especially its adverse effects on natural resource management. It highlights a very complex view as compared to other articles, highlighting the multifaceted nature of impact of globalizations.

PARTS OF THE ANNOTATION 

1 

Reference 

Citation information is same format as required in Reference List 

Chowdhury, S. G. (2021). IMPACT OF GLOBALIZATION ON THE AUTOMOBILE INDUSTRY IN INDIA. Vidyasagar University Journal of Commerce, 26.

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Statement 

Short statement of author’s viewpoint 

Chowdhury states that globalization has rapidly increased the growth rate in India's automobile industry, that is driven by profitability and productivity enhancements.

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Describe 

Short summary of theory, research findings or argument 

 This study discusses the factors that influences the growth of the Indian automobile sector and identifies globalization as a key factor for a period of 20 years. It highlights how globalization has increased profitability and productivity in the sector, making the industry very competitive.

4 

Comment 

Comment on usefulness/limitations of article/text for your research 

This article provides a strong case for the positive economic effects of globalization in particular sectors. However, it has overlooked some aspects of the broader social and environmental costs associated with increased industrialization.

5 

Evaluate 

Evaluate the article/text, taking into account how it relates to your essay plan and the ideas in other articles 

Chowdhury's findings somewhat contrast with findings of the first article, suggesting that while globalization brings benefits for industries like automobiles, it also leads to disparities in other areas particularly quality of education. This contrast enhances the essay by highlighting both the positive and negative effects of globalization in India.