Rethinking an Approach for Sustainable Globalization

Parakram Pyakurel

A chapter in Globalization and Sustainability - Recent Advances, New Perspectives and Emerging Issues from IntechOpen

Abstract: This chapter explores the complex interaction between globalization and sustainability and proposes an approach for sustainable globalization. Three dimensions of sustainability, namely environment, economy, and society, are taken into account. Firstly, interaction among globalization and environment is discussed. This interaction is characterized by analyzing the effects of globalization on energy and resources consumption, greenhouse gases emission, and local pollution. Then, the relationship between the existing green growth economic model and sustainability is examined in the context of globalization. Alternatives to the green growth model are also explored. Furthermore, implication of globalization on social sustainability is investigated by considering quality of life, urbanization, and equality. Existing knowledge gaps are discussed, and finally, an approach to sustainable globalization is presented based on holistic interactions among environment, economy, and society.

Keywords: sustainable globalization; green growth; degrowth; greenhouse gases emission; pollution (search for similar items in EconPapers)
JEL-codes: Q01 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:268679

DOI: 10.5772/intechopen.105141

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