Globalization: Opportunities and Challenges for Developing Nations

Globalisation on developing nations such as India, Brazil and South Africa globalisation has brought many changes In this country including increase trade foreign investment and technology transfer it has helped create job improvement infrastructure and rise living standards however globalisation has also caused change like income inequality loss of local industry and environmental damage this study highlights Both the positive and the negative effect and suggestion that emerging economics should adapt policies that ensure growth in inclusive and sustainable. India became the fourth-largest global economy in 2025, driven by domestic reforms and global positioning under the vision of Atmaniwar Bharat. India is the world's fastest-growing major economy, with real GDP growing at 6.5% and nominal GDP tripling from ₹106.57 lakh crore (2014-15) to ₹ 331.03 lakh crore (2024-25). Indicational aspects have been recently covered elsewhere; this note focuses primarily on the rise of trade linkages and migration and how this relates to output and prices.