Globalization impacts local economic policies by integrating national economies into a larger global market, influencing trade, investment, and labor practices. As countries become more interconnected, local policymakers must adapt their strategies to remain competitive internationally. They may face pressures to liberalize trade, attract foreign investment, or comply with international regulations, which can affect domestic industries and labor standards. While globalization offers opportunities for economic growth, it may also lead to challenges such as income inequality and the erosion of local culture. Ultimately, local economic policies must balance global integration with the needs of their communities.