Friday, December 31, 2010

The Rise and Fall of the Decade

By the time you were reading this post, I guess we already signed off the year 2010 , it would be appropriate if we say the decade is over . World has gone several changes in these past 10 years.

One of the most revolutionary changes of this  particular decade has been the evolution of new communication techniques .  In particular, the cell phones  became cheaply available providing access to telecommunications for the very first time  benefiting billions of people across the world . Ten years before none forseen the impact of mobile phone in the day to day life . The internet has ushered to the new standards , exposing the real Digital world . The invention of social networking sites like orkut,facebook, twitter,you tube dismantled the traditional  mode  of  communication, which people had been following from quite a few generations . This inturn redefined the concepts of marketing and public relations. A new term called Citizen journalism has been evolved through these social networking sites .

Right from the initial periods of decade, Almost all every country has suffered with the Terrorism.It started with Pentagon attacks in 2001 , which is probably the worst nightmare for the people of America. The  coutries  then took the terrorism as  threat, and started extirpating the terrorist forces . Srilanka had cut down  LTTE  deep in to the core, perhaps that was the greatest achievement for them since the country’s freedom. New alliances were formed. Old alliances went to war . I really think the terrorism still remains as the foremost global threat in the coming decade also .

The Recession has shook the foundations of global economy , revealing the structural Flaws in the global economic system .According to the experts, the recession that the world has suffered in this decade  is worst than the 1929-1930 great recession . Every country suffered , People lost their jobs , World stock markets plummeted ,IT industries, financial sectors, real estate owners, car industry, investment banking and other industries as well are confronted heavy loss due to the fall down of global economy, Fortunately the recession has been over for a year now.

The world suffered it’s worst natural disasters too. 2004 Indian ocean Earthquake and Tsunami has almost consumed 3 lakh lives . This  tsunami is the deadliest in the history of 450 years.Hawaii earth quake in 2010 , Gujarat earth quake in 2001 , 2008 was the year of the devastating Sichuan earthquake ,   are the major natural disasters in this decade .

This decade has witnessed the arise of new superpowers India and China . The economical arise of these two developing nations are creating the possibilities  for global economical changes. These   Asian giants attracted the  attention by taking global markets by storm and creating an excitement about new economic possibilities .

Coming to Sports . The 2008 Olympics at Beijing will without a doubt be the pinnacle story of the decade .China Stunned the world, played perfect hosts and gave this generation a breathtaking entertainment . South africa was successful too is hosting  soccer world cup earlier this year,  which took critics by surprise.
India Emerged as a No.1 test nation in the year 2008 . It’s probably decade to remember for India . We won the First inaugural T20 world cup, which is by the way the moment of the decade. And the man of the decade is perhaps Sachin tendulkar who just completed his 50 test centuries. Now the BCCI is the world’s wealthiest Cricket board , improved it’s profits from 300 crores in 2001 to 3000 crores in 2010.

The United States elected the first black president Barack Obama

Let’s hope the  forthcoming decade will be as exciting as this decade . Hope India outgrows china in all the aspects(ofcourse except population :p)

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