Critiques of Globalisation

What are two economic benefits of globalisation?

• increased economic growth

• improved living standards

How has globalisation impacted cultural integration?

• promoted cultural integration by allowing cultures and ideas to flow freely across borders

• promoted cultural awareness and diversity

What is a significant environmental cost of globalisation?

environmental degradation (e.g., deforestation, increased carbon emissions)

How has globalisation affected global wealth distribution?

• led to growing inequalities

• the top 1% of the world's population holds 44% of the world's wealth

• the bottom 50% of the world’s population holds just 1% of the world’s wealth

What is an example of cultural erosion due to globalisation?

the decline of indigenous languages, with one language dying out every two weeks, partly due to the growing dominance of English

What is needed to create a more just and sustainable world in the context of globalisation?

policies that can deliver growth without compromising the wellbeing of people or the planet