Disadvantages of globalization

The negative drivers of globalization included culture which is a major hold back of globalization. An example of how culture can negatively affect globalization can be seen in the French film industry. The French are very protective of this part of their culture and provide huge grants to help its development. As well as government barriers market barriers and cultural barriers still exist.

Also a negative aspect to a countries development is war e. g. tourism in Israel fell by 40% due to the latest violence. Corporate strategy can also be a negative driver of globalization as corporation may try to locate in one particular area.

An additional negative driver of globalization is actually “local focus” or “localization” as it is called in Richard Douthwaite’s guide “Short Circuit”. Douthwaite’s (1996) feels that globalization can and should be changed. He or she additionally feels that localization is the way to do this. He describes localization as “not which means everything becoming created in your area but it indicates a better a fair balance between nearby, regional, national and international marketplaces and therefore provides less manage to international businesses”. One more stage to invert the positive effect would be for governments in order to club with each other to suppress the potency of international by discussing new business and treaties that would take away the financial assistance running the positive effect and give local creation an opportunity.