The Positive And Negative Impacts Of Globalization

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Just like a two edge swords, there are positive and negative sides to globalization. While helping to build the less developed countries’ economy, the byproducts of these positive impacts are destroying their environment. In his recent book, Brown analyzes the impacts that economic globalization has brought in the recent years. He defines the major challenge that the world is facing today is for all to become more sustainable and environmental friendly and that there is a need for change. Water tables are falling, ice caps are melting, and more and more of less develop countries are becoming failing states (Brown, 2011). If there is not a change there will not be any hope for the future. This study will focus on the positive and mainly negative impacts on globalization as well as a solution on how deal with the negative impacts. Organizations such as the World Trade Organization and the United Nations Environmental Program should work together with the developing countries’ government and pressure these companies to develop a corporate sustainability plan. To support this study, along with theoretical principles, there will be an analysis of case studies of Japan and …show more content…

If things remain as they are, the future is not guarantee. The problem that is faced today is man-made; therefore, it should be the people’s responsibility of to fix it. All persons in the realm of business and government should strive to create policies to limit harm on the environment while time still remains. It has been scientifically proven that the main contributor of global warming and melting of the polar ice caps is the emission of CO2. Companies can move towards a better source of energy such as solar power, hydroelectric power, wind power, or geothermal power. It does cost a lot of capital to invest in at first but it will become beneficial in the future. It is not too late to make

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