Descripción: |
Global hegemony is about a one-way relationship, an unequal exercise of power by one or a few persons over many others, a concentration of wealth and power in some parts of the world at the expense of many. This scenario of global hegemony goes against the real spirit of the globalization process. Because of the hegemonic relationship, globalization becomes monopolization, a system of unequal opportunities, wastage, plunder and coercion. There are two major interpretations of the term Globalization. The two appear to conflict with, and even oppose, each other. The first one -the mainstream view- considers globalization as the rational outcome of global economic progress. This view describes it as a process of (i) expansion of free trade; (ii) further integration of world economies; (iii) increased communication amongst different regions; (iv) faster diffusion of knowledge; (v) increasing mobility of capital and labor; (vi) increasing competition; and (vii) emergence of a global economy/global market. Supporters of this view believe that there is no alternative (TINA) to this. (...) Introduction
Legacy of Bangladeshs Economy and Polity
Integration with the Global Economy: Factors and Actors
Initial Stage
World Banks Support and Agenda
From Krug to PRSP
The direction of the Economy: Polarization, Decomposition and New Formation
Transition from an Agricultural to a Service Economy: Malls over Mills
Manufacturing: Upwards and Downwards
Expansion of Trade
Women in the Labor Market
Rural Non-Farm Activity
Increase in Market Orientation
From Multicrop to Monocrop
Urban Informal Sector
Communication
Foreign Direct Investment
NGO: New Corporate Body
Criminal Economy
From Poverty to Poverty
Class Composition
Conclusion: Growth and Erosion, Affluence and Poverty
References
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