Negatives Of Globalisation

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Globalisation could be defined as the increasing integration between the market for goods,services and capital and at the same time the breakdown of borders.

Globalisation is not only opening up of world trade,development of advanced technology and increeased mobility of persons, goods, data and ideas but alsocritical diseases such asinfections, diseases and pollution

the process of globalisation could classified as positive or negative depending upon the outcomes that result from this process

Process of globalisation can create job oppurtunities when MNCs move thier production operations into developing countries
A good example of this could be when coca cola decided to set bottling plant in malasyia which according to them was able to
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however globalisation can also bring a negative impact to developing countries. Certain MNCs transfer thier technology to developing countries as those technologies might cause health problem to employees as well as local citizens in the country.

Globalisation can bring good and bad effects to a country. Development in undeveloped countries through globalisation may be able to reduce the amount of population living below poverty level with the help of job creation taking place in country.Local citizens are able to get a job and ensure survival of thier family and improve thier living
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Globalisationhas also reduced trade batrriers and has allowed free flow of gOods, services and labour from one place to another which has allowed countries to specialize in production of goods whichas a result has increased the productivity of firms in countries and minimised thier costs as well.Globaliosation also allows countriesto obtain goods at cheaper prices which could prove to expensive to produce in thier own country.This process also enhances competition between countries through easierflow of goods and services between countires whichis an effective way of enhancing innovation to produce better quality goods.

the rise in globalisation has increased capital flow into developing countries. Foriegn direct investment into developing countries stabalises the countrie 's ecomomic situation. However thier will be net capital outflow that couldlead to negative effects on trade.
Large capital inflows into countries could be caused by appreciation in exchange erates and inflATIONARY PRESSURE that impacton country 's current acount. This means that globalisation rather than improving country 's economy could actuallty stop the progress of
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