Globalisation shakes the world (BBC) {longish article}

[eppur_se_muova]

By Steve Schifferes
Economics reporter, BBC News, Bangalore

Globalisation is a word that is on everyone's lips these days, from politicians to businessmen. BBC News is launching a major examination of the subject.

Few places in the world have seen the dramatic effects of globalisation more than Bangalore, the Silicon Valley of India, which is experiencing an unprecedented IT boom that is transforming the prospects of the Indian economy.

For Santosh, a tour guide in Bangalore, life is good. As a result of the IT boom, he has launched his own web-based travel firm, getoffurass.com, and is doing a booming business selling weekend getaway holidays to stressed-out IT workers.

For Dean Braid, a skilled car engineer in Flint, Michigan, life is not so good. He - and 28,000 other workers - were laid off from Buick City when GM closed the complex in 1999, and hasn't worked since.
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more: http://news.bbc.co.uk/2/hi/business/6279679.stm