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Globalization introduces an economic model that is incompatible with environmental protection.

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Globalization creates a race to the bottom

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Globalization creates a race to the bottom

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Globalization increases international competition which creates a race to the bottom.

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Companies get access to much wider markets.

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Globalization has improved access to technology

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Globalization has improved access to technology

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In a hyper-connected world, new technologies spread faster between markets.

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Smaller companies struggle against the bigger ones

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Smaller companies struggle against the bigger ones

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Companies face much greater competition. This can put smaller companies at a disadvantage as they do not  have resources to compete at global scale.

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if one country’s economy starts to struggle, this can set off a chain reaction that can affect many other countries simultaneously, causing a worldwide financial crisis.

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Globalization makes the rich richer and the poor poorer

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It can increase the spread of communicable diseases

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By increasing the international exchange of goods, technological advances, and information, globalization increases economic development for any country participating in the global economy

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When different countries come together to engage in trade and investments in a global financial market, they become interdependent and often come to rely on one another for certain goods and services.

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The free movement of goods and people has brought overheads down and allowed companies to sell products more cheaply.

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Economic liberalization has made it easier for companies to relocate, allowing them to rapidly scale up and create new jobs.