countires with bad impacts of globalization

Globalisation is viewed by many as a threat to the world's cultural diversity.

They may pollute the environment, run risks with safety or impose poor working conditions and low wages on local workers.

An absence of strictly enforced international laws means that TNCs may operate in LEDCs in a way that would not be allowed in an MEDC.

If it becomes cheaper to operate in another country, the TNC might close down the factory and make local people redundant. Transnational companies, with their massive economies of scale, may drive local companies out of business. Often, profits are sent back to the MEDC where the TNC is based.

There are no guarantees that the wealth from inward investment will benefit the local community.

The role of LEDCs in the world market is mostly to provide the North and West with cheap labour and raw materials.

Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries.

Critics of globalisation include groups such as environmentalists, anti-poverty campaigners and trade unionists.

Countires with bad impacts of globalization