Globalization and Environment
The driving force behind the phenomena that has become known as globalization is technology (Bhagwati, 2004). Improvements in computer hardware, software, and telecommunications have caused a geometric increase in access to information that has caused a corresponding increase in economic potential. Because of improvements in technology businesses throughout the world have been able to more easily expand their access to new products, ideas, and resources.
The advances in technology have produced many changes in our society. These changes have produced many positive benefits. They have created new jobs, promoted the growth of new markets and products, and increased international trade and investment. However, there have been corresponding costs. Workers in certain segments of the economy have lost their jobs as they failed to adjust to the demand for increased technological skills. The effect on the environment is another possible cost of globalization.
The environment has been a major concern in most developed nations throughout the world for some time. Legislative requirements and voluntary compliance have caused improvements in how western nations manufacture, market, and package their products. In developing nations, however, there has been concern expressed that such nations are more concerned with profits than with environmental matters. In these nations, economic activity has progressed unregulated and led to environmental destruction. As a result of this controversy two opposing camps have evolved. On the one side there are those who advocate slower economic growth so that measures can be put in place to protect the environment while on the opposing side are those who argue that free market and technological advances provide the best tools to solve environmental concerns by lifting people out of poverty and in the process have them realize on their own the importance of environmental concerns.
At the present time the issue is still being hotly debated but as globalization has expanded so has the level of international cooperation. Environmental issues that were once addressed on a nation by nation basis are now discussed between cooperating nations and the protection of the oceans and atmosphere is viewed as a mankind concern and not simply as a national...
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