Mapping the world's opinions

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What are the advantages and disadvantages of globalization?

For its proponents, globalization improves citizens' lives via the unbridled distribution of jobs, capital, and technology across international borders, promoting peace through deeper economic ties between nations. For its detractors, the globalized movement of goods and people has fueled inequality, led to the destruction of the environment, and created a race to the bottom, keeping workers' salaries low and eroding workplace protections.

Globalization is good

Globalization has created jobs, lowered the price of consumer goods, fuelled innovation and contributed to peace on earth.

Globalization has lowered prices

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

Globalization has improved access to technology

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

Globalization creates jobs

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

Globalization promotes peace

The deeper the economic ties between nations, the greater the incentive to avoid conflict. Explore

Globalization improves productivity

Globalization improves productivity by expanding knowledge and increasing competition. The spread of knowledge from diverse countries improves domestic productivity. Allowing foreign imports increases competition, which forces innovation in order for companies to stay in demand. Explore

Globalization is bad

Globalization has fuelled inequality, eroded worker protections and contributed to environmental degradation.

Globalization fuels inequality

Globalization makes the rich richer and the poor poorer. Explore

Globalization leads to reduced public revenues

The free movement of labour allows companies to easily relocate to tax havens. Explore

Globalization destroys the environment

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

Globalization creates a race to the bottom

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

Globalization leaves us vulnerable to infectious diseases

In a hyper-connected world, infectious diseases can spread more rapidly, increasing the likelihood of an international pandemic. Explore
This page was last edited on Wednesday, 29 Jan 2020 at 16:43 UTC