Summary Exercise on “The Double Edge of Globalization” [Draft 2]

Here’s the second draft on the summary of “The Double Edge of Globalization”.

In “The Double Edge of Globalization”, according to Chanda(2007), globalization affects the environment both positively and negatively. Globalization is a bane to the environment as it increases trade volume which assumes to have encouraged firms to carry out production in countries with little environment-related laws. However, little proof can be found to support that statement. Rather, foreign owned factories seems to produce less than their domestic counterparts. Another culprit is the World Trade Organization, who is held liable for environmental destruction as a result of pollution, deforestation and increased fishing. Although non-profit organizations have highlighted the disadvantages of increasing interconnectivity, little improvement has been made by nations and international bodies. The root cause of ineffectual environmental protection policies is due to the lack of cooperation between global powers. On the other hand, globalization is beneficial. Through increasing global interconnectivity, it raises awareness of the consequences of environmental problems.

Have a happy elearning week everyone! See you in class next week! (:

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