What has been the impact of globalisation on local industries and employment opportunities in developing countries?

Positive impact on local industries and employment Negative impact on local industries and employment No impact on local industries and employment Mixed impact on local industries and employment

Negative impact on local industries and employment

Globalisation, with its increased flow of goods and services from foreign countries, has adversely affected local industries and employment opportunities in developing countries. Cheaper imports and inadequate investment in infrastructure have led to competition and vulnerability for domestic manufacturers.