Impact of Globalization on Labor

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Priscilla Partaw Business in Peru and Latin America Universidad San Ignacio de Loyola IMPACT OF GLOBALIZATION ON LABOR

Transcript of Impact of Globalization on Labor

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Priscilla PartawBusiness in Peru and Latin

AmericaUniversidad San Ignacio de

LoyolaProfessor Edison Alves

IMPACT OF GLOBALIZATION ON LABOR

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WHAT IS GLOBALIZATION?

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• Increased Competition• Lower Prices of Goods• Foreign Investment• Increased Security

Worldwide• Quicker and Easier

Transfer of Information• Technological

Advancements

• Exploitation of People & Resources (forced, child labor, lack of water resources, pollution, etc)

• Eroding of States Sovereignty and Control

• Income Inequality• Loss of Cultural Identity• Increased competition can put

small businesses at a disadvantage as many do not have the resources to operate on a global scale.

• Lack of Access to the Benefits of Globalization for Those Living in Poverty

• Less Accountability

Positive Negative

IMPACTS

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Picture Painted For Us Reality

TODAY

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DO YOU WAKE UP ON THE WRONG SIDE…?

Most of the people in the world do.

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WAGES

Extreme poverty remains a daily reality for more than 1 billion people who live on less than $1 a day. 

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WORKING CONDITIONS

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HOW SHOULD WE PROCEED FROM HERE?