Which negative impact did did globalization play in shaping the “new economy” during the 1990s

The negative impact of globalization has been to allow US-based companies to outsource jobs to other countries, increasing domestic unemployment.
It is a phenomenon that has strengthened social and commercial relations between nations due to new technologies, enabling increased opportunities for development and profitability for countries.
Therefore, despite the benefits, there are also negative impacts of globalization, which must be managed with an active policy of social and economic development.
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