Globalization affects every country in positive and negative ways. One way globalization has made a negative impact is by making outsourcing increasingly more popular. Outsourcing does have its benefits for productivity in manufacturing. However, it also takes away jobs from the home country. This is one of the ways that outsourcing has harmed Spain. Spain has an incredibly high unemployment rate and outsourcing has not helped. A positive benefit of globalization is that it has greatly benefited Spain's economy. Spain's Real GDP per capita has continued to increase over time. Spain's economy has also benefited from having more countries trade and do business with them because of globalization. Overall, I believe globalization has had more positive impacts on Spain than negative impacts.
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