In the article ‘The
Double Edge of Globalization’ by Chanda (2007), he highlighted that globalization
encourages the expansion of international trade which aggravates and
accelerates environmental degradation and pollution. However, the emergence of greater interconnectivity as a result of globlization also promotes the ease of reaching out to a
global audience through the advancement of technology.
Despite the detrimental
effects of globalization, I believe that the benefits of interconnectivity outweigh the negative impacts. Firstly, globalization promotes specialization and
creates competition for local markets hence lowering the costs. Furthermore,
the expansion of international trade between nations translate to economic growth for most countries
in the age of globalization. Secondly, the interconnectivity resulted from
globalization means that the public is becoming more conscious of the negative
impacts of globalisation and nations are now actively looking into possible
courses of actions to avert the environmental consequences. The Montreal
Protocol (Chanda, 2007) proved that with effective interventions and joint
efforts between the nations, the challenges of globalization can be successfully
curbed.
Therefore, while globalization may bring
about harmful environmental impacts, these can be averted by the
efforts of both the government and the public. The prominent benefit derived from globalization, namely interconnectivity, enables nations to thrive economically and socially, which are the key factors of survival in the globalized world today.
No comments:
Post a Comment