Disadvantages of Globalization Essay

One of the disadvantages of globalisation is the over-standardization of products through with(predicate) global branding. Using Emirate Airline to beautify this point, globalization leave alone means that their function are standardized which aim to dress all customers. They would lose their uniqueness of the occupation agriculture after they go global. Also, the over-globalization result result in the lack of creativeness and product diversity Hongladarom (2002), Zekos (2004).Moreover, globalization cigarette also create diseconomies of scale as not all countries have the comparable growth and economic cycle. For example, Emirate may run very well in the gist East and Europe market and expanding into Asia or America market will reduce their profit. This could be due to difficulties of organise activities in those new markets or the culture differences. It is also important to note that globalization will cause de-industrialization and high unemployment in the domest ic market. Empirical evidences included Mello (1997), Rodrik (1996), Fagerberg (1994).