What are the benefits and problems of globalisation?

Benefits and problems of globalisation When a TNC opens a new factory or office it can have a positive impact on local people and the local economy. Jobs are created and there a benefits to the local economy. However, the local labour force are usually poorly paid and have to work long hours.

15 minutes Task One Using the cards, separate into the ‘benefits’ and the ‘problems’ of globalisation. Highlight/colour each box – remember to add a key. Stick into your books.

The positive multiplier The new jobs created by the TNC’s may help to stimulate extra work for other local businesses. This extra work is an indirect benefit of investment made by a TNC. These benefits to the local economy are known as the positive multiplier.

10 minutes Activity two summarise the benefits of the positive multiplier under these headings: Jobs Earnings Spending Image of the region

10 minutes Activity three Exam Question: Summarise the benefits that TNC’s get from opening new branches in LEDC countries (5 marks)

Migration and globalisation The migration of people between countries for work or study is a major effect of interdependence/globalisation. Migration has many benefits for the migrant, their families and the countries involved. Many migrants do dirty, dangerous and low-paid jobs that local people do not want to do. Others are highly skilled workers who fill jobs where there are skill shortages e.g. doctors and nurses.

THE ‘BRAIN DRAIN’

The ‘Brain Drain’ This is a slang term for a significant emigration of educated or talented individuals. A brain drain can result from there being better professional opportunities in other countries or from people wanting a better standard of living. Brain drains cause countries to lose valuable professionals, normally doctors, scientists, engineers or financial professionals. The source country loses expertise with each emigrant – losing the amount of people in that profession. Also, the source country's economy is harmed – these usually earn high salaries.

Activity Three Use the map to answer the following question. Describe the distribution of countries that supplied nurses to the NHS. (3 marks) Use the worksheet (bullet points) to answer the following questions (a) Sort the bullet points into a table (below) (b) Write a paragraph in which you either strongly support or strongly oppose the migration of health workers from LEDC’s.