Many people living in the global South say they are being severely harmed by economic globalization. National barriers to trade and investment are dissolving. Goods, services and money move more freely throughout the world. In addition, the role of governments in regulating economic activity is being reduced.
Economic globalization results both from new technologies and public policies.
These make it easier for investors to move capital where and when they wish. In addition, corporations can conduct activities wherever they can reduce costs and increase profits. A product purchased in a nearby store, or through the Internet, is likely to have parts made and assembled in several different countries. However, many people living in the global South say they are being severely harmed by economic globalization. People of faith across the political spectrum are concerned about economic globalization because of our biblical call to justice for the poor.