| Abstract: | Globalization arrived in India through an external and internal alignment of political and economic forces that led to the opening of the country to the outside world. The five processes under globalization are: 1) commercialism wherein more services become monetized and incomes are received in money rather than in kind; 2) more capitalization; 3) foreign trade becomes important for the production and distribution process; 4) greater financialization develops; and 5) international capital moves freely. These changes affect women more than men in different ways. Capitalization results in more self-employed marginal farmers becoming wage workers, making it less possible for women to manage domestic duties alongside their productive work. In general, macro-economic policies affect women through the household, market, and gender relations. In countries like India where women suffer from serious discrimination, whatever affects the household will worsen women's position. Thus, the process of liberalization, privatization, and globalization will put the clock back for women and for the poor in general. |
