Globalization: A Boon or a Bane for Women

Abstract

Globalisation as a term has been defined and described by scholars, policy makers and businesses depending on the benefits that they have been seeking from it. While economists and businessmen have viewed globalisation as the removal of barriers to free trade and as a means to create one global market, sociologists have described it as the intensification of worldwide social relations where local events are shaped by happenings in distant places. It is a fact, however, that the economic benefits and consequences of globalisation and global economy have occupied most of the media and mind space of the participating nations. Globalization can bring in the lives of rural and underprivileged women if it is backed and supported by adequate and effective policy measures by the government.