Effects of Global Economy on Quality of Life and Health

The current development of the global economy indicates that the 173 countries of the world will soon share a single marketplace. Demand and supply will respond to the compulsions of global competitiveness. Every country is eyeing the Rs 1.2 billion-strong

Indian market and its fabled 250 million middle class. No company can escape the restructuring, downsizing and blood-letting that is rampant today. The possibility of the pink slip stares every executive in the face.

It is being slowly realized that economic prosperity can lead to poverty in the quality of life and health. Is India gradually becoming a global back-office with uninteresting, boring, repetitive jobs being dumped on us? Is the joy of craftsmanship being replaced by the monotony of the assembly line? The expanding global economy and its resultant lethal workplace have created serious conflicts in the individual’s life. Many have to confront the question of how their values measure up viv-à-vis their need to own and have the world’s goodies.