GLOBALIZATION AND SUSTAINABLE RESOURCES

Globalisation describes the advancement of the global integration of the

economy, culture and political structures. In political discussions on trade,

globalisation refers to market liberalisation, shifting profits up the value chain and

the interconnectivity of global markets.

The Sustainable Development Goals (SDGs) are a set of policy goals that

attempt to implement the principle of sustainability on the economic, social and

ecological level in every country of the world. The United Nations General Assembly

decided to achieve these objectives by the year 2030.

A world that is more closely connected can be helpful to achieve the SDGs: It

can lead to a deeper understanding of how our environment and our consumer

goods are globally connected. The fight against climate change is one example, but

also consumers that demand the fair production of their t-shirts can contribute to the

achievement of the SDGs.  However, globalisation also poses challenges,

unregulated trade exploits poor environmental and social standards globally,

investor privileges create an imbalance that allows big capital to put pressure on

democratically elected representatives of the people, and unregulated financial

markets disguise tax fraud and threaten the stability of societies.

Globalization results from different activities of people and government everywhere.

One of the big contributors is the silk road of china to other countries. It helped in the

spreading of globalization by widening not only their trading, but also their exchange
of ideas and knowledge that helped them produce and import/export different new

products.

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Different globalization advancements are what makes the world go around and

improve or develop in such a way. But although its benefits society, its sometimes

harmful to the environment. Pollution, deforestation, etc. are the effects of certain

developments when done carelessly. Corruption, frauds, etc. are also some effects

of it when it comes to economy and politics.

Globalization refers to different development integrities that helps or benefits

the economy and its structure. When it comes to trade, it refers to the increase in

market trades, value chain, and/or market liberalization. Sustainable development

goals or SDG are policy goals on achieving the sustainability of the economy in

different parts of the world.

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