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  • Anforme Has globalisation gone too far?

Anforme Has globalisation gone too far?

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Has globalisation gone too far?

Dr Charles Smith of Swansea Metropolitan University and a Principal Examiner, outlines some of the adverse impacts of wider global trade and inter relationships.

Summary of contents:

  • History of globalisation and its various advantages.
  • Globalisation the downside: British manufacturing, the effect of the collapse of sterling and the cause of the recent recession are all examined.
  • Credit rating agencies. What are they and why are they so significant in a globalised world and should they be made more accountable.
  • Austerity or recovery? Looks at what is to be done in terms of more austerity or more spending. Has globalisation gone too far in that those experiencing the benefits of globalisation are disconnected from those paying the costs?
  • Conclusions: Does globalisation have automatic benefits for the majority of the world’s population and does the trickle-down theory of economic distribution actually work?
  • Conclusions: Is bigger always better? Do all businesses need to become multinational conglomerates? Is there a future for more cooperative forms of business models?


This article is featured in ET volume 19 issue 4

Has globalisation gone too far?

Dr Charles Smith of Swansea Metropolitan University and a Principal Examiner, outlines some of the adverse impacts of wider global trade and inter relationships.

Summary of contents:

  • History of globalisation and its various advantages.
  • Globalisation the downside: British manufacturing, the effect of the collapse of sterling and the cause of the recent recession are all examined.
  • Credit rating agencies. What are they and why are they so significant in a globalised world and should they be made more accountable.
  • Austerity or recovery? Looks at what is to be done in terms of more austerity or more spending. Has globalisation gone too far in that those experiencing the benefits of globalisation are disconnected from those paying the costs?
  • Conclusions: Does globalisation have automatic benefits for the majority of the world’s population and does the trickle-down theory of economic distribution actually work?
  • Conclusions: Is bigger always better? Do all businesses need to become multinational conglomerates? Is there a future for more cooperative forms of business models?


This article is featured in ET volume 19 issue 4

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