Globalisation and emerging economies

The case against globalisation

Critics suggest that globalisation has made it harder for local firms to create local oppourtunites. In India there were next to no foreign car companys with a factory there but by 2014 Hyundi, Ford, Suzuki, BMW, Toyota, Nissan and Honda. This makes it much harder for local firms. 

There is also the concern that the claims of spreading the wealth are false and in reality the companys are actually exploiting the lower costs of locating production abroad. Also the dimished world…