CGP Impacts of Globalisation

• Globalisation

  The process of increased integration and interdependence of national economies, societies and cultures
• Benefits of Globalisation

  • Integration of countries allows them to pool resources to deal with global issues
  • Greater integration of information and people creates better understanding between different cultures
• Costs of Globalisation

  • Instability - countries become interdependent and actions in one country can negatively impact others
  • Inequality - developed countries have advantages over less developed countries
  • Conflict - developed countries intervene to secure resources, cyber warfare
  • Injustice - human trafficking, sweatshops in less developed countries
• Environmental Impacts of Globalisation

  • Increased transportation and greenhouse gas emissions
  • Deforestation and overfishing to access global resources
  • Race to the bottom - ignoring environmental impacts to produce cheaper goods
  • Increased waste from abundance of cheap products
• Benefits of Globalisation

  • Integration of countries to deal with global issues
  • Greater integration of information and people creates better understanding between cultures
• Costs of Globalisation

  • Instability from interdependence
  • Inequality between developed and less developed countries
  • Conflict over resources
  • Injustice like human trafficking and sweatshops
• Environmental Impacts of Globalisation

  • Increased transportation and emissions
  • Deforestation and overfishing
  • Race to the bottom on environmental standards
  • Increased waste from cheap products
• Globalisation has created more costs than benefits
• Globalisation isn't all good or all bad, it's a mix of both
• It's up to you to assess the consequences of globalisation and form an opinion