Self Sufficient Villages in Today's Global Village :3.
The relevance of Gandhian economics : By Dr. Moushumi Datta Nagindas Khandwala College, Mumbai. 3. Discussion Today the world is divided into two halves, the developed and the underdeveloped, the privileged and the underprivileged, the rich and the poor. In the global village of today two distant worlds exist. However, the global village is still linked in a very complicated manner wherein if USA sneezes, China catches a cold. It means that no country is isolated from another and every country's fate is dependent on the world at large. The world today is struggling to come out of recession which is essentially driven by mismatch of demand and supply. As borders come down the threat from lower priced products entering the developed countries and eating into high product cost and thus eroding the demand base for local industries is very real. This is where Gandhi's thoughts on economic development of India in the 1950's, have become relevant. If the world as