Globalisation And Its Impact On The Welfare State
- IJLLR Journal
- Mar 19
- 1 min read
Sanmeet Kaur Sawhney, LLM, Amity Law School, Amity University, Punjab
ABSTRACT
Globalisation in laymen sense is a multidimensional spectacle that has reformulated varies fields in the global economic, political, cultural, and technological arena. It generates a growing interconnectedness between people, societies, and expands the flows of goods and services and ideas across the world. Currently, it has become a widely debated topic with opinions divided, on whether it is instrumental or detrimental to the world. In this research paper, the author provides a meticulous study, of how globalization has affected the economic and social standing of both the poor and the rich, focusing on the impact of globalisation on the welfare state. The author highlights that, for impoverished populations, the gains of globalisation are mixed. While it can provide access to jobs and technology, it often comes with challenges like low wages, job insecurity, and environmental exploitation, leading to a broadening income gap between the elite class and the lower income groups. This paper also focuses on the income distribution, public policy, and social security frameworks.
Keywords: Globalisation, Multidimension, Interconnected, Welfare, Exploitation
