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Money > PTI > Report August 3, 2001 |
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'Globalisation has not worked for common man'Globalisation has failed to benefit the masses in India and China and both appear ill-prepared to face the changes taking place in the traditional societies, former US Ambassador to India Thomas Pickering has said. "I am tempted to say that for those sectors of the world community that can participate, yes, (globalisation has been beneficial). The really difficult and critical issue is the exclusion of huge sectors of the world community, i.e. groups like teachers and students in primary and secondary schools in thousands of villages in India and China," the former Under Secretary of State for Political Affairs said. "We haven't even begun to think about the shifts that are going to take place in those traditional societies. There are 800 million people in rural areas in China and almost an equal number in India," he told the Carnegie Endowment's Foreign Policy magazine. "I met a Chinese state planner who said their main problem is to find 40 million jobs for the 100 million people who are moving into their cities or being born there," Pickering said.
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