Globalization has led to a reduction in:

Globalization has contributed to a reduction in social structural inequality. By integrating economies and increasing access to global markets, globalization has created opportunities for economic growth and development in many regions, helping to reduce poverty and inequality. Reduction in social structural inequality (C): Globalization has enabled the transfer of technology, capital, and skills across borders, leading to job creation and economic development in less developed regions. This has helped to reduce structural inequalities by providing more equal opportunities for people in different parts of the world. Regulation (A): Globalization has often led to an increase in regulation, particularly in areas such as trade, finance, and environmental standards, as countries cooperate to manage global issues. Market efficiency (B): Globalization typically enhances market efficiency by increasing competition, improving resource allocation, and fostering innovation.
Reference: CFA ESG Investing Principles Economic studies on the impacts of globalization ======