What is a concern that many leaders have about globalization?

Many leaders express concern that globalization can lead to economic inequality and job displacement within their countries. As companies seek cheaper labor and resources abroad, local industries may suffer, resulting in unemployment and social unrest. Additionally, there is apprehension that globalization can undermine national sovereignty, as global markets and multinational corporations exert influence over domestic policies and regulations. This tension prompts leaders to balance international engagement with the protection of local interests.