A Contemporary Look at the Social Consequences of Globalization

Simeon Simeonov
Additional contact information
Simeon Simeonov: University of National and World Economy, Sofia, Bulgaria

Ikonomiceski i Sotsialni Alternativi, 2021, issue 3, 52-69

Abstract: In addition to socio-economic positives, the transition towards a more unified global market also presents systemic challenges for individual consumers, companies and governments. The globalization processes encourage industrial and economic activities resulting in various negative consequences of a predominantly social nature such as: loss of national sovereignty; offshoring and job losses; poverty and growing inequality in terms of earnings; environmental and climate changes. The present article offers a contemporary look at their development and significance for preserving life on our planet.

Keywords: globalization; environment; international business; socio-economic consequences; offshoring (search for similar items in EconPapers)
JEL-codes: F0 F23 F6 F63 F64 F66 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.unwe.bg/doi/alternativi/2021.3/ISA.2021.3.04.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2021:i:3:p:52-69

Access Statistics for this article

More articles in Ikonomiceski i Sotsialni Alternativi from University of National and World Economy, Sofia, Bulgaria Contact information at EDIRC.
Bibliographic data for series maintained by Vanya Lazarova ().