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Is Globalisation Sustainable?

Author

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  • Pim Martens

    (International Centre for Integrated Assessment and Sustainable Development (ICIS), Maastricht University, PO Box 616, 6200 MD Maastricht, The Netherlands)

  • Mohsin Raza

    (International Centre for Integrated Assessment and Sustainable Development (ICIS), Maastricht University, PO Box 616, 6200 MD Maastricht, The Netherlands)

Abstract

It is clear that globalisation is something more than a purely economic phenomenon manifesting itself on a global scale. Among the visible manifestations of globalisation are the greater international movement of goods and services, financial capital, information and people. In addition, there are technological developments, more international cultural exchanges, facilitated by the freer trade of more differentiated products as well as by tourism and immigration, changes in the political landscape and ecological consequences. In this paper, we link the Maastricht Globalisation Index with Sustainability Indices to analyse if more globalised countries are doing better in terms of sustainable development and its dimensions. The results seem to suggest that the process of globalisation may render world development more sustainable.

Suggested Citation

  • Pim Martens & Mohsin Raza, 2010. "Is Globalisation Sustainable?," Sustainability, MDPI, vol. 2(1), pages 1-14, January.
    • Handle: RePEc:gam:jsusta:v:2:y:2010:i:1:p:280-293:d:6814
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    1. Philippe De Lombaerde & P. Lelio Iapadre, 2008. "The World is not Flat," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 9(4), pages 159-180, October.
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    Cited by:

    1. Tong Fu & Hongzhang Chen & Yongrok Choi, 2016. "Does the Sustainable PPI Investments Promote Financial Market’s Sustainable Development?," Sustainability, MDPI, vol. 8(2), pages 1-18, January.
    2. Yi Liu & Ning Zhang, 2015. "Sustainability of Trade Liberalization and Antidumping: Evidence from Mexico’s Trade Liberalization toward China," Sustainability, MDPI, vol. 7(9), pages 1-20, August.
    3. Lukas Figge & Kay Oebels & Astrid Offermans, 2017. "The effects of globalization on Ecological Footprints: an empirical analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 19(3), pages 863-876, June.
    4. Gamze Sart, 2022. "Impact of Higher Education and Globalization on Sustainable Development in the New EU Member States," Sustainability, MDPI, vol. 14(19), pages 1-13, September.
    5. Hopper, Trevor & Lassou, Philippe & Soobaroyen, Teerooven, 2017. "Globalisation, accounting and developing countries," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 43(C), pages 125-148.
    6. Sufian, Fadzlan & Habibullah, Muzafar Shah, 2012. "Globalizations and bank performance in China," Research in International Business and Finance, Elsevier, vol. 26(2), pages 221-239.
    7. Fadzlan Sufian, 2016. "Financial Crisis, Exchange Rate Regimes, Organizational Forms, and Bank Efficiency: Does Globalization Matter?," Emerging Economy Studies, International Management Institute, vol. 2(1), pages 27-71, May.
    8. Martha Coleman & Mengyun Wu & Justices Mark Baidoo, 2020. "Globalization and Corporate Governance Mechanism, Engine of Change," Business and Economic Research, Macrothink Institute, vol. 10(1), pages 210-234, March.
    9. Olimpia Neagu, 2020. "Does Globalisation Promote Sustainable Development and an Equal Distribution of Income around the World? An Econometric and Ethical View," Book chapters-LUMEN Proceedings, in: Adriana Grigorescu & Valentin Radu (ed.), 1st International Conference Global Ethics - Key of Sustainability (GEKoS), edition 1, volume 11, chapter 7, pages 56-64, Editura Lumen.
    10. Muhammad Ramzan & Ummara Razi & Muhammad Umer Quddoos & Tomiwa Sunday Adebayo, 2023. "Do green innovation and financial globalization contribute to the ecological sustainability and energy transition in the United Kingdom? Policy insights from a bootstrap rolling window approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 393-414, February.

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