how globalization and environmental sustainability influence strategic management
Economic globalization has multiple implications for
environmental sustainability. The interactions are so numerous and so complex that it would be simplistic to affirm that the two are in conflict. Indeed, there are neither theoretical reasons nor adequate or conclusive empirical evidence to show that the relationship between globalization and environmental sustainability is unidirectional or unidimensional (ECLAC/UNEP, 2001).
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Get Help Now!One thing that is unquestionable, as the scientific evidence makes clear, is that the growing and cumulative scale of human activities has produced environmental effects of a global nature (“global public bads”) that are not reflected in the markets but that affect global common interests transcending national perspectives. There has clearly been an increase in environmental interdependence and vulnerability among countries, whatever their degree of
development. This gives a special character to the third phase of globalization, which took place in the last quarter of the twentieth century.
This chapter presents some of the major changes in
environmental management and sustainability in the region associated with globalization, recognizing that the main channels through which globalization affects the environment are shifts in trade, investment and technology flows. It identifies the new challenges for international cooperation that stem from the recognition of this increased environmental interdependence among countri…………….
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