Study Figure 9b, which shows a ranking of the perceived negative impacts of globalisation in emerging and developing economies.
| Rank | Negative Impact of Globalisation | Impact Category |
|---|---|---|
| 1 | Environmental degradation (e.g. deforestation, habitat loss) | Environmental |
| 2 | Economic leakage (profits returned to foreign TNC headquarters) | Economic |
| 3 | Suppression of local wage growth due to global competition | Economic |
| 4 | Loss of local cultural identity and traditional industries | Social/Cultural |
| 5 | Vulnerability to global economic shocks and instabilities | Economic |
| 6 | Increased carbon footprint from long-distance shipping | Environmental |
Assess the different economic and environmental costs resulting from globalisation. Use Figure 9b and your own geographical knowledge.
