“Globalization is the gradual shrinking process of the world. And, it involves a complex range of processes within itself -- cultural, political, economic, technological, environmental, and so on and so forth. Although it was not an issue much focused upon previously, it has now spread to all spheres. From being nowhere, it is now everywhere -- a topic talked about the most, though understood the least.
To begin with, the very origins of Globalization are much debated. Largely there are two schools of claims that have tried to pinpoint the origins of this process. According to the first, Globalization started about 5000 years ago, during the time of Christopher Columbus, which also appears to be the starting point of colonization. And the second takes the 18th century Industrial Revolution of Europe as the reference point from where Globalization began. According to them, to obtain resources so as to expedite industrialization, the Europeans exploited the resources of the then third world nations. There was a flow of capital and labor resources to Europe.
Today, the Globalization we understand is the intensified nature of the earlier globalizing attempts – either of the one that started 5000 years ago or of the one from the 18th century. Fueled by advanced means of transportation, communication and technology, the cross border flow of goods and services, ideas and cultures has helped nations come closer. Global village, Consumerism, World Market, Open Market, UNO, League of Nations, Emergency Relief Aid, Privatization, Liberalization and World Bank are all concepts that are results of Globalization in action.
As national boundaries are dissolving and the world is shrinking rapidly, Nepal is not a new member registering itself in the process of Globalizatio. The contribution of Nepalis to the British Force during the World Wars, the construction of railway tracks in Birgunj and the 1st Hydro-electricity Plan assisted by the government of India are the...