Post by account_disabled on Mar 7, 2024 9:35:48 GMT
The economy and the international economy will become closer. On the one hand economic globalization will open competitive market opportunities for products from domestic to international markets. On the other hand this also provides opportunities for global products to enter the domestic market. Of course this is not only an advantage but also a threat to a countrys economic sovereignty. The negative impacts of economic globalization can threaten Indonesias sovereignty especially in the economic sector Indonesia will be overwhelmed with foreign goods The existence of free trade that does not recognize national borders will put even more pressure on local commodities especially traditional.
Commodities because they cannot compete with foreign commodities. Foreign ownership Sooner or B2B Email List later our countrys economy will be controlled by foreigners and it will be easier for foreigners to invest in Indonesia. Social gap This free competition will result in economic participants winning or losing. The winner will freely monopolize the market and the loser will become an oppressed bystander. Reducing subsidies to the people The sectors of the peoples economy that receive subsidies are decreasing the development of cooperatives is becoming increasingly difficult and more and more workers are being absorbed in laborintensive modes so that unemployment and poverty are difficult to control.
Longterm economic growth prospects are worrying If the above situation occurs in a country its economic growth will become unstable in the short term. In the long term this growth will reduce the rate of economic growth. National income and employment opportunities will grow slowly and the unemployment problem may not be resolved or exacerbated. Finally if globalization has an adverse impact on a countrys longterm economic growth prospects income distribution will become increasingly unequal and societys socioeconomic problems will become more serious. The negative impact of globalization on the social and cultural fields Western values are easier to enter Indonesia through the internet television media and print media.
Commodities because they cannot compete with foreign commodities. Foreign ownership Sooner or B2B Email List later our countrys economy will be controlled by foreigners and it will be easier for foreigners to invest in Indonesia. Social gap This free competition will result in economic participants winning or losing. The winner will freely monopolize the market and the loser will become an oppressed bystander. Reducing subsidies to the people The sectors of the peoples economy that receive subsidies are decreasing the development of cooperatives is becoming increasingly difficult and more and more workers are being absorbed in laborintensive modes so that unemployment and poverty are difficult to control.
Longterm economic growth prospects are worrying If the above situation occurs in a country its economic growth will become unstable in the short term. In the long term this growth will reduce the rate of economic growth. National income and employment opportunities will grow slowly and the unemployment problem may not be resolved or exacerbated. Finally if globalization has an adverse impact on a countrys longterm economic growth prospects income distribution will become increasingly unequal and societys socioeconomic problems will become more serious. The negative impact of globalization on the social and cultural fields Western values are easier to enter Indonesia through the internet television media and print media.