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Democracy in Globalized World

Tony Blair, former British PM, in his memoir "The Journey" Sept 2010, said: "My conclusion, strangely, is not that the power of politics is needed to liberate the people; but that the power of people is needed to liberate the politics.” The debate on the growth of democracy in the context of globalization has been in vogue for over a decade now. Globalization effects on democracy have received much attention time and again, though there is STILL little consensus about what precisely those effects are – positive or negative -…