The impact of the global economy on developing countries can be seen from several aspects, including trade, foreign investment and human rights. International trade offers opportunities for developing countries to export goods and services, which can increase national income. For example, trading in commodities such as oil and agriculture has a significant impact on the economies of countries such as Brazil and Indonesia. However, dependence on exports can carry major risks. International price fluctuations, such as falling commodity prices, can harm developing countries’ incomes, causing budget deficits and economic instability. In this context, many developing countries are trying to diversify their economies so that they do not depend on just a few commodities. Foreign direct investment (FDI) also plays an important role in influencing the economies of developing countries. FDI can create jobs, improve workforce skills, and support infrastructure development. Countries such as Vietnam and Kenya have attracted foreign investment by offering tax incentives and creating a conducive business environment. However, the presence of foreign investment is sometimes accompanied by risks, including resource exploitation and labor injustice. On the other hand, the negative impacts of globalization can be felt in the form of social injustice. Globalization often widens the gap between segments of society, where the rich get richer, while the poor do not experience the same economic growth. This gap has the potential to cause social and political instability in many developing countries. Another aspect that deserves attention is the issue of human rights. When multinational companies operate in developing countries, they sometimes ignore human rights standards in their pursuit of profit. Cases of labor rights violations, use of child labor, and inhumane working conditions are frequently reported in factories operating in developing countries. Therefore, it is important for these countries to strengthen regulations and standards that protect labor rights. Climate change is also a consideration in the global economic impact. Developing countries are often the most affected by climate change, even though their contribution to carbon emissions is relatively small. Natural disasters, such as floods and droughts, can disrupt the economy and reduce agricultural output. Therefore, it is important for developing countries to receive international support in climate change mitigation efforts. Despite the many challenges, there are several positive opportunities that developing countries can take advantage of. Access to digital technology and the internet provides the opportunity to create a new digital economy. Many developing countries are starting to adopt information technology to increase productivity and innovation, creating new opportunities in sectors such as fintech and e-commerce. Debt liabilities are also an important factor in the impact of the global economy. Developing countries often owe money to developed countries or international financial institutions, causing large portions of their budgets to be allocated to repaying debt, reducing societal welfare. Enforcing transparent and accountable policies in debt management is crucial to ensuring sustainable economic growth. Education and training are very important in dealing with the impact of the global economy. Investments in workforce skills will help developing countries adapt to the changing needs of global markets. Good quality education will encourage innovation and competitiveness. The development of protectionist policies in developed countries also affects market access for developing countries. This policy can hinder exports from developing countries and cause loss of market opportunities. Therefore, advocacy for fair trade policies is essential. Ultimately, collaboration between governments, the private sector and civil society is necessary to take advantage of global economic opportunities. Coordinated initiatives can create an environment that supports inclusive and sustainable economic growth.