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Rethinking an Approach for Sustainable Globalization

In: Globalization and Sustainability - Recent Advances, New Perspectives and Emerging Issues

Author

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  • Parakram Pyakurel

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.

Suggested Citation

  • Parakram Pyakurel, 2022. "Rethinking an Approach for Sustainable Globalization," Chapters, in: Margherita Mori (ed.), Globalization and Sustainability - Recent Advances, New Perspectives and Emerging Issues, IntechOpen.
    • Handle: RePEc:ito:pchaps:268679
    DOI: 10.5772/intechopen.105141
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    More about this item

    Keywords

    sustainable globalization; green growth; degrowth; greenhouse gases emission; pollution;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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