Negative impactions of globalisation in Ireland

Negative implications of globalisation in Ireland

Economic vulnerability, income inequality, pressure on public services, environmental impact

Economic vulnerability

Ireland is heavily reliant on multinational corporations makes economy vulnerable to global market fluctuations and decisions by companies, if companies relocate it results in significant job loss and economic instability

Income inequality

Some sectors and individuals benefit greatly, others may not see the same level of economic improvement which leads to widening gap between rich and poor

Pressure on public services

Influx on foreign workers and rapid population growth associated with globalisation can put pressure on public services such as healthcare, education, housing

Environmental impact

Increased industrial activity and transportation associated with globalisation results in higher carbon emissions and environmental degradation