MALC802 Globalization Debate by Suzanne https://padlet.com/litalive/lwo7rsgoxi3w Harmful effects of globalization en-us 2018-08-06 06:04:45 UTC 2025-10-05 12:14:38 UTC hello@padlet.com Point 1 https://padlet.com/litalive/lwo7rsgoxi3w/wish/374464838 Uncertainty because funds and labours are fluid, so this may lead to ill preparation or slow reactions.
E.g. MNC pulls out from country, leaves many jobless.]]> 2019-08-14 06:42:19 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374464838 Point 2 sagar_kanika https://padlet.com/litalive/lwo7rsgoxi3w/wish/374464854 Economic Devastation- risk to developing countries without commensurate rewards. 
E.g.: Sweat shops]]> 2019-08-14 06:42:26 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374464854 unemployment especially of lower skilled workers in developed countries as companies outsource to lowest cost countries valtng https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465374 2019-08-14 06:45:44 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465374 Point 3 https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465382 Small establishments are easily affected by the global market ]]> 2019-08-14 06:45:46 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465382 unfair competition as poor countries cant compete with developed countries e.g. agricultural trade valtng https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465569 poor terms of trade for poor countries

]]> 2019-08-14 06:47:04 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465569 Capital-market liberalisation induces volatility, which impedes growth and increases poverty. The high volatility increases the likelihood of recessation, which the poor bears the brunt. lim_ren_sing https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465648 2019-08-14 06:47:41 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465648 Point 4 https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465751 Loss of resources and patent rights e.g. biopiracy
Developing countries get exploited by the the developed countries. Big companies steal the resources of the small companies in the developing countries and they lose these resources and are unable to fight for their rights due to the lack of money.]]> 2019-08-14 06:48:19 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374465751 Globalisation propagates old-world colonisation of developing country by the richer/developed country, or even IMF. lim_ren_sing https://padlet.com/litalive/lwo7rsgoxi3w/wish/374466062 2019-08-14 06:50:31 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374466062 Point 5 https://padlet.com/litalive/lwo7rsgoxi3w/wish/374466100 Domino effect e.g. interdependence of financial markets, security]]> 2019-08-14 06:50:49 UTC https://padlet.com/litalive/lwo7rsgoxi3w/wish/374466100