Summary on "The Double Edge of Globalization" (Second Draft)

  Thanks Lewis, Chin Hwee and Gio for your comments, really appreciate your efforts!!=)

  

  In “The Double Edge of Globalization”, Chanda (2007) states that globalization brings about both positive and negative impacts on environment; and governments play a pivotal role to raise public awareness and tackle global challenges. Expanded international trade, which is attributed to globalization, contributes to urbanization, economic growth and increased consumption. It will lead to widespread deforestation, pollution and global warming. As a result, natural catastrophe may occur, shrinking the global economy and causing social disruption. Powerful advancements in communication can instantaneously transmit information and ideas of environmental degradation to citizens of the world to raise their awareness. Although many nations have signed the Kyoto Protocol, they have been inconsistent with reducing emissions of greenhouse gases. This shows us the failure of international system to realize the importance of hyperconnected world and the unwillingness of key actors on the global scene. Therefore, governments and non-governmental organizations should work together to build international consensus on pollution reduction to solve the environmental problems.