The political implications of globalization are as follows :
(a) Power subjugation: The effects of globalization brought lots of changes in the world economy. For small countries it is inevitable to accept the economic decisions of big countries, which leads to power subjugation.
(b) Affects sovereignty : As a result of globalization in the fields of economy, trade, transportation, etc. the sovereign countries are bound by the decisions of strong countries. Hence it affects the sovereignty of a country in totality.
(c) Cultural invasion: Culture is a complex thing and exclusive to each country. The influence of globalization in the name of cultural exchange not only invades but also degenerates the youth who are the architects of the future.
(d) Enslavement of lifestyle : Globalization has largely affected the younger generation. Food habits, general behavior’, mutual relationships, respect to elders, human values and ultimately the whole generation has become slave in the clutches of globalization.
(e) Elimination of subsidies: The major impact of globalization is the curtailment of subsidies to all sectors including agriculture in a phased manner. The worst-hit are the peasants who are the backbone of the country.
(f) Political instability: The impact of globalization mainly is economic depression, boom or even recession which directly affects the political stability of a country. Hence development comes to a standstill.
