Economic Globalization and Sustainability Development

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ECONOMIC GLOBALIZATION

AND SUSTAINABLE
DEVELOPMENT
By: Joseph and Adonis
Economic Globalization

-involves a wide variety of processes,


opportunities, and problems related to
the spread of economic activities
among countries around the world .
Sustainable Development
- is development that meets the needs of the
present without compromising the ability of
future generations to meet their own needs.
-The development of our world today by using
earth’s resources and preservation of such
sources for the future
One significant global
response to globalization is
that sustainable development,
that seeks between economic
growth and sustainable
environment.
(Borghesi and Vercelli, 2008)
Relationship of Globalization
and sustainability is MULTI-
DIMENSIONAL
MULTI-DIMENSIONAL

Includes the following:


• Economic
• Political
• Technological Aspects
Positive effects of Development

• Able to utilize energy


• Discover new technologies
• Make advancements in transportation
• Communication
Negative effects of Development

• Climate change accelerated


• Global Inequality
This means that development,
although beneficial at one
hand, entails cost on the other
Environmental Degradation

-is the deterioration of


the environment through depletion of resources
such as air, water and soil; the destruction of
ecosystems
Efficiency
-means finding the quickest possible way
producing large amounts of particular product.
Cycle of Efficiency

-use to measure how efficiently products are being


produced.
- this process made buying goods easier for the people
which there is an increase in demand and increase in
efficiency
Cycle harms planet in a number of
ways
• Earth’s Atmosphere
• Corals Reefs and Marine Biodiversity
FORMULA:
Value Added Time = Cycle Efficiency
Total Cycle time
• The value added time is the actual
amount of time spent working on the
unit.
• The cycle time is the total time it takes
to produce the unit.
Neoliberals and environmentalist
debate the impact of free trade on the
environment
(Harvey, 2005)
Environmentalist argue that
environmental issues should be given
priority over economic issues
(Antonio, 2007)
Free Trade
Through its emphasis on the expansion
of manufacturing
-is associated with environmental
damage
Neoliberals
-sees environmentalist as serious
impediments to trade
Ecological modernization theory is
globalization as a process that can both
protect and enhance the environment
(Yearly,2007)
Various Efforts  Climate Change

Strong resistance (counter)


*Government
*Corporation
Kyoto Protocol aimed at a reduction of
global carbon emissions, but failed to
take of largely because it was not
ratified by the U.S.
(Armitage, 2005)
Momentum is being built up in
corporate circles in dealing with
environmental problems
Significant Challenges
• Carbon tax
• Carbon Neutrality
(Ritzer, 2015)
Significant Challenges
• Carbon tax
• Carbon Neutrality
(Ritzer, 2015)
Difficult to find alternatives to fossil
fuels.
The use if ethanol as an alternative to
gasoline has an attendant set of
problems—it is less efficient and it has
led to an escalation in the price of
corn, which currently serves as a major
source of ethanol (Barrionuevo, 2007)
Biofuels lower emissions
Extraction and Transport contribute
significantly to total emissions
Global view of the problem is required.
Instead of dealing with the causes of
global warming, there is some interest
in “technological fixes” such as
geoengineering.
(Dean, 2007)
Food Security

-sustainability of society such as


growth, climate change, water scarcity
and Agriculture
The demand for food will be 60%
greater than it is today and the
challenge of food security requires the
world to feed 9 billion people by 2050
(Breene, 2016)
Global Food Security

-delivering sufficient food to the entire


world population
-priority of all countries whether
developed or less developed
Case in India, to show the complex
issue of food security is in relation to
other factors
(Breene, 2016)
Closest aspect of human life in food
security is the Environment

Food security can be traced to the


protection of environment
Major Environmental Problem
Destruction of Natural
Habitats (Deforestation)
(Diamond, 2006)
Industrial fishing (Goldburg,
2008)
Decline in the availability of fresh water
(Conca, 2006)
The decline in the water supply
because of degradation of soil or
desertification (Glantz, 1997)
Consumption of “Virtual Water”
(Ritzer, 2015)
Destruction of Water Ecosystem
may lead to “Climate Refugees”
(Ritzer, 2015 p.211)
Pollution
Use of Persistent Organic
Pollutants (POPs) has led
significant industrial pollution
(Dinham, 2007)
Green House Gases
Causes the melting of land-
based and glacial ice with
potentially catastrophic
effects (Revkin, 2008)
Flooding, Reduction in the
alkalinity of the oceans,
destruction of existing
ecosystem.
Global warming poses a
threat to the global supply of
food as well as to human
health (Brown, 2007)
Population Growth and its
attendant increase in
consumption
Global flow of Dangerous
Debris
Different Models and Agenda
Different Models and Agenda
The 17 sustainable
development goals (SDGs) to
transform our world for the
year 2030 By United Nations
New Vision for Agriculture (The World
Economic Forum, 2010)
The Forum’s initiatives were
launched to establish cooperation
and encourage exchange
knowledge among farmers,
government, civil society, and the
private sector in both regional
and national levels
(Breene, 2016)
それがすべてですありがとうございました
Sore ga subetedesu arigatōgozaimashita
(That’s all, thank you)

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