Impacts of Globalisation

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Impacts of Globalisation by Mind Map: Impacts of Globalisation

1. Economic

1.1. Positive

1.1.1. Financial Benefits

1.1.2. Build country's infrastructure

1.1.2.1. Physical

1.1.2.2. New node

1.2. Negative

1.2.1. Exploited parties

2. Social

2.1. Negative

2.1.1. Business

2.1.1.1. Brain Drain: potential loss of talent?

2.1.1.2. Exploitation of impoverished workers

2.1.1.3. Shift to outsourcing

2.1.2. Culture

2.1.2.1. Dilution of cultures.

2.2. Positive

2.2.1. Crossing cultural boundaries

2.2.1.1. Food is now very popular outside its country of origin

2.2.1.2. Inter-racial marriages

2.2.2. Healthcare

2.2.2.1. Travelling to other countries for medical procedures / enhancements

2.2.3. Business

2.2.3.1. Companies now have a greater talent pool to choose potential employees from.

3. Environmental

3.1. Positive

3.1.1. greater awareness of environmental issues all over the world

3.1.2. global agencies to manage environmental pollution

3.1.2.1. United Nations Environment Programme (UNEP)

3.1.2.2. Earth System Governance Project

3.2. Negative

3.2.1. global consumption of power seriously depletes energy resources

3.2.2. rise of industrialisation leads to increased pollution and environmental damage