This ppt explsins the dark side of globalization.

1. DARK SIDE OF GLOBALIZATION
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2. GLOBALIZATION
 Globalization is the exchange of ideas, knowledge,
information, products and services spread across
the globe.
 Globalization, as it is called in some areas of the
world, is caused in part by the convergence
between cultures as well as financial systems.

3. GLOBALIZATION TYPES
• the emphasis lies on the international
integration of financial markets, as well
as the coordination of exchanges
between financial institutions.
Cultural
• covers the policies of national
governments which bring nations
together both economically and
politically
Economical
• focused on the societal and
technological factors that have caused
cultural differences to become more
pronounced
Political

4. THE EFFECTS OF GLOBALIZATION
The impact of globalization can be felt locally as well
as worldwide, impacting the lives of people as well as
the broader community in various ways:-
 Individuals
 Community
 Institutions

5. DARKER SIDE OF GLOBALIZATION
 The negative side of globalization is the new risks
and uncertainty caused by the high level of
integration between domestic and regional markets.
This is accompanied by increased competition, a
high degree of imitation prices and profit shifts, and
business and product destruction.

6. DARKER SIDE OF GLOBALIZATION:
DESTABILIZES MARKET
 Particularly, labour markets are affected by people
who move across boundaries in search of better
pay jobs or when companies outsource jobs to low-
cost labor markets.

7. DARKER SIDE OF GLOBALIZATION: HARMS
THE ENVIRONMENT
 Industries like fishing and logging tend to move to
areas where the most profitable business is or
where regulations are less stringent and have led to
the overfishing and destruction of forests in some
areas of the world.

8. DARKER SIDE OF
GLOBALIZATION: LOWERS THE
STANDARD OF LIVING
 When companies move
operations abroad to cut
costs, these moves could
result in the loss of jobs
and increased
unemployment in the
home country.

9. DARKER SIDE OF GLOBALIZATION: HELPS IN
PREVENTING WORLDWIDE RECESS
 The financial crisis of 2007-2009 and the Great
Recession is an excellent illustration of how
interconnected global markets are and the ways
that financial difficulties within a single country or
region can quickly affect other parts of the globe.

10. DARKER SIDE OF GLOBALIZATION: DAMAGES THE
CULTURAL IDENTITY OF PEOPLE
 Critics of
globalization
condemn the
loss of
distinctive
cultures and
languages due
to the global
flow of business
and individuals.

11. DARKER SIDE OF GLOBALIZATION:
INCREASES THE RISK OF PANDEMICS
 The H1N1 (swine flu) outbreak
in 2009 and coronavirus
outbreaks in 2021 and 2020 are
just two instances of deadly
diseases that have spread to
several countries rapidly.

12. WHAT CAN COUNTRIES IN THE DEVELOPING
WORLD DO TO TACKLE THE GLOBALISATION
CHALLENGES
 The idea that continuous liberalisation deregulation,
relaxation and easing of borders and capital control
(except labor) ensures self-sustaining prosperity
and growth is a flimsy notion.

13. ELIMINATING ANY BARRIERS THAT HINDER THE
FLOW OF GLOBAL ECONOMIC GROWTH
 The idea of raising obstacles that are too steep can
be detrimental, if not ineffective. Countries in an
area of golden middles, such as Chile and
Singapore, are likely to flourish and harness the
immense opportunities created by a growing global
economy for its residents.
 The ones that don't as well, like the majority of
countries of the countries in Central as well as
Western Africa, are marginalised and left in the
dust.

14. THE INCREASE IN TRANSNATIONAL FLOWS
 The increase in transnational flows hasn't been
accompanied by a similar increase in global
governance structures to manage the flow of these
flows.
 One solution to the global governance gaps that
enabled these illegal activities is local governance.

15. HUMAN TRAFFICKING
 It transforms humans into
commodities to be that are bought
and sold on the global market.
Children and women are the people
most affected by this kind of thing.
 Non-governmental organizations
from around the world try to combat
this criminal act and provide
information on the people involved.

16. INEQUALITIES ENGENDERED THROUGH
GLOBALIZATION
 This "development dichotomy" explains why the
rapid progress at the national level in India is going
along with a growing disparity between the
prosperity of middle-class urban Indians and the
poverty present in many of the 600,000 villages in
which the majority of Indians reside.

17. CONTD…
 The Sri Lankan Tamil Tigers, on the other hand,
could be one of the most international terrorist
groups in the world

18. CONTD…
 Jihadists have been able to use the latest IT and
telecom technologies to further promote their cause
and advance their goals, drawing on the connection
between the terrorist trade in drugs and the
terrorism pioneered through the CIA within
Southeast Asia, Central America and Afghanistan.

19. REFERENCES
 Dark Futures: Super-Rich Farmers and Derivatives Markets in an
Unstable World | Joseph Baines, David Ravensbergen | Pages 21-41
 The Dark Side of Globalised Production: Economic ‘Rebalancing’ in
Contemporary China| Steve Rolf | Pages 43-84
 Globalisation and Irregular Migration: Does Deterrence Work? | Matilde
Rosina | Pages 85-120
 The Dark Side of Globalisation I Leila Simona Talani, Roberto RoccuI
Palgrave Macmillan Cham
 Armstrong, David and Joseph J. Trento (2007) America and the Islamic
Bomb: The Deadly Compromise. Hanover, NH: Steerforth.
 Bishop, Ryan and Tania Roy (2009) “Mumbai: City as target:
Introduction”, Theory Culture and Society, 26(7–8): 263–77.
 Booth, Ken and Tim Dunne, eds (2002) Worlds in Collision: Terror and
the Future of Global Order. Basingstoke: Palgrave Macmillan.
 Borooah, Vani K. (2009) “Terrorist incidents in India, 1998–2004: A
quantitative analysis of fatality rates”, Terrorism and Political Violence,
21(3): 476–98.
 Castells, Manuel (2009) Communication Power. New York: Oxford
University Press.