GLOBALIZATION ANDSUSTAINABLE DEVELOPMENT: OPPORTUNITIES AND CHALLENGES

Maria Vasilescu
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Maria Vasilescu: CONSTANTIN BRANCUSI UNIVERSITY OF TIRGU-JIU

Annals - Economy Series, 2020, vol. 2, 67-72

Abstract: Globalization is not a new phenomenon, it is a positive force for change, that brings both opportunities and challenges in different sectors of community life, including economy, politics, culture or institutional sector, through its effects, traditionally associated with the development of the global market. Its benefits are spread unequally among people and regions, without considering their potential level of adaptability to change and competition. In response to the effects of globalization, a widely spread conception of sustainable development helps us reflect about the risks faced by population, economies or evenplanet, and shows that a global and concerted form of intervention is possible and, even, required. This paper is structured using the broad topics of definitional complexities, conceptual distinctions and functional divergence, seeking to discuss the intersections of the roles of globalization and sustainable development.

Keywords: globalization; sustainable development; goals; challenges; opportunities (search for similar items in EconPapers)
Date: 2020
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