Table of contentsRubber – A brief historyGlobalizationHow globalization affected the rubber industry in KeralaReferencesRubber – A brief historySince Columbus had discovered America in 1495, Indians and Ancient tribes of southern America called rubber “Rubber”. Its meaning is “Crying Tree”. The reason is that when cut with sharp tools, its natural latex appears like a tree tear. The rubber tree is a large, fast-growing tree that begins producing 5 to 7 years after planting. Rubber and its products play an important role in our daily lives. This tree is described as nature's most versatile crop. The demand for rubber will therefore continue to increase. It is used for various purposes; for erasing pencil marks, for making tires and for making other industrial products and comes to the market as useful products. Rubber is also used by almost all industries for different industrial purposes. Unlike other products, rubber products have a long lifespan and, unlike other plants, rubber gives its best result year after year for about 20 years. India is one of the top ten rubber producers in the world. Kerala is the largest rubber producing state in India. Rubber is the main source of income for many farmers. Kottayam is the major rubber producing district of Kerala and hence it is called “Land of Latex”. Rubber Board, a central government research institute is located in Kottayam. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”? Get the original essay Globalization The term “Globalization” has been used since the 1980s. Globalization in this phase can be defined as the process of integration more deepening between countries and regions of the world involving greater cross-border trade in goods and services. Globalization has played an important role in the development of the world economy. This increased relations between nations in the area of ​​trade and other services. Globalization benefits developed countries more than any other country. It has many positive impacts, but it also has negative impacts on developing countries. Globalization has removed many traditions. It also made a big difference in dividing the world. Effects of globalization Globalization has seriously affected developing countries. In case of trade, developed countries having a comparative advantage in products over others export the products to different countries, including countries that produce the same product, at a lower cost than they could obtain on their own. country. This decreases the demand for the products made there and they are forced to sell their products at a lower cost because they are imported. And then he would be powerless and would have to stop production. This can cause unemployment. Because of the fear of this failure, people turn to white calling work. This leads to the lack of production of raw materials necessary for our daily use. This leads to a trade for which we have to pay huge sums. Globalization is putting agriculture in danger! Globalization puts agriculture at risk – THE HINDU – Agriculture faces the biggest risk from deepening globalization. The volatility of international prices of agricultural raw materials has a direct impact on the country. Among the most affected are tropical agricultural products, such asthose produced by Kerala, large quantities of which are exported. The agricultural sector is the most affected due to globalization. It's in danger. Raw materials produced here are not in demand in India, as they are imported cheaply. Producers have big problems with this and are forced to stop their cultivation because there is no profit, only losses. Kerala planters, in particular, are going through a very difficult time due to the sharp fall in prices due to globalization. The products raised by them have no demand in the market. But he intended to promote indigenous products produced in Kerala. Later, it deviated and started importing goods that are even produced in our country. Gradually, the quantity of products decreases with the area of ​​cultivated land. Consequently, Kerala is now dependent on other states for goods which mainly include rice, wheat, spices, vegetables and fruits. How globalization has affected the rubber industry in Kerala In the case of rubber, the problem arose due to the import of rubber when we had sufficient production of it. Other countries that produce and export it include Malaysia, Indonesia, the Philippines and Thailand. India has an absolute advantage in rubber production. But it is imported from other countries because they require a lower cost. The demand for Indian rubber is therefore decreasing and this is a big loss for the producers, workers as well as the Indian economy. What is happening here is a modern or reformed form of mercantilism: a zero-sum game where only the exporting country benefits and India has no profit, but loses economy. These countries trade at the expense of India. Indian rubber producers do not even receive the money they invest in rubber cultivation. Latex goes through a different process before the owner sells it in the market. The process includes tapping, filtering, etc. By the process of tapping, the latex is collected from the rubber trees and it is grouped in a tray by adding acid. The lumped form of latex is rolled into sheets in a mill to remove water, then it is smoked and dried. These are considered to be the initial process carried out by the rubber planters. But when the final product of this process is sold in the market, the producers do not even receive the money they could give to their workers. Therefore, the planter gave up on that and what most of them do now is they tap it in two or three days and they collect the dried latex and then dry it again and sell it without doing any other process. Today, most rubber planters in Kerala depend on other sources for their livelihood. Therefore, the import of rubber has further increased.Keep in mind: This is just a sample.Get a customized paper now from our expert writers.Get a custom essayState of India can be linked to this table. India had a comparative advantage in rubber production, but this was imported from other countries. India does not gain any profit but losses and hence it can be termed as a reformed form of mercantilism. The lower demand for rubber in India led the market to reduce its cost and this still constitutes a major problem for planters today. Automobile manufacturers were the main consumers of rubber. They got rubber cheaply from other countries and depended on it to get more. If this situation persists, the Indian economy will collapse due to unemployment, lack of/123/15893)