globalisation critique

• globalisation benefits - integration

  - allowed countries to pool their resources to solve global issues that are too great for a single country to deal with

  - greater understanding between people of different backgrounds and cultures
• globalisation benefits - development

  - foreign investment brings capital into a country which can be used to improve education and infrastructure

  - which can attract further trade investment leading to further development
• globalisation benefits - stability

  - as countries become more interconnected they become more dependent on each other discouraging any actions which would upset global stability because of negative countries for all countries
• globalisation benefits - economic growth

  - participation in global allows countries to profit from their natural resources generating wealth

  - countries also gain products and services that they would otherwise be unable to produce

  - greater access to money and products improves living standards
• costs of globalisation - inequalities

  - the movement of low skilled jobs to less developed countries creates a greater divide between the rich and poor

  - developed countries have a greater access to capital and technology meaning they have an advantage over developing countries
• costs of globalisation - conflict

  - developed countries have intervened in conflicts to secure access to natural resources

  - cyber warfare new source of conflict- countries, companies and individuals are now dependent on technology so attacks on computer systems can have a large impact
• costs of globalisation - injustice

  - improved transport and communications has made human trafficking easier, sweatshops
• costs of globalisation - environment

  - global trade increses transport leading to more emmisions

  - access to resources from arounf the world causes deforestation and overfishing

  - global trade can lead to a race to the bottom in which countries and companies ignore environmental inpacts in order to produce cheaper goods

  - abundance of cheap products increases waste