Economic

Globalization
and Sustainable
Development
Reporters: Magalong, Mari & Mejia, Rhovic
 Economic Globalization
q refers to “the process enabling fi nanc i al and
investment markets to operate internationally.”

q involves a wide variety of processes, opportunities,

and problems related to the spread of economic
activities among countries around the world .

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 q There are some significant downsides to globalize

trade and perhaps the strongest argument against

economic globalization is its lack of sustainability or
the degree to which the earth's resources can be
used for our needs, even in the future.

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 Economic Globalization
q In general, globalization decreases the cost of manufacturing. This
means that companies can offer goods at a lower price to
consumers. The average cost of goods is a key aspect that
contributes to increases in the standard of living. Consumers also
have access to a wider variety of goods.

q Specifically, the development of our world today by using the

earth's resources and the preservation of such sources for the
future is called sustainable development.
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 Sustainable Development
q The development that meets the needs of the present
without compromising the ability of future generations to
meet their own needs. (Shah, 2008)

q One significant global response to globalization is the

sustainable development , that seeks between economic
growth and sustainable environment. (Borghesi and Vercelli,
2008)

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 Multi-dimensional
includes the following:
⊷ Economic

⊷ Political

⊷ Technological Aspects

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 Production of Resources

q Natural resources provides economic with raw

materials that are turned into goods via process of
production.

q Environment also provides direct service to the

consumer.

example: water, forest, fuel

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 Positive effects of Development
• Able to utilize energy
• Discover new technologies
• Make advancements in transportation
• Efficiency in communication

Negative effects of Development

• Climate change accelerated
• Global Inequality
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 Environmental Degredation

q The deterioration of the environment through

depletion resources such as air, water and
soil; the destruction of ecosystems and the
eradication of wildlife.

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 Environmental Degradation
q a process through which the natural environment is
compromised in some way, reducing biological
diversity and the general health of the environment.
This process can be entirely natural in origin, or it can
be accelerated or caused by human activities

Environmental Pollution
q refers to the degradation of quality and
quantity of natural resources

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 Major Causes of the
Environmental Degradation

• Modern urbanization
• Industrialization
• Population growth
• Deforestation

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 Different types of
Environmental Degradation

• Land degradation (also called soil

degradation)
• Water degradation
• Air degradation

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 Efficiency
q means finding the quickies way producing large amounts
of particular product.

Cycle of Efficiency
q use to measure how efficiently products are being
produced.

q this proces made buying goods easier for the

people which there is an increase in demand and
increase in efficiency
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Food Security
q sustainability of society such as growth, climate change,
water, scarcity and Agriculture

Global Food Security

q delivering sufficient food to the entire world population

q priority of all countries whether developed or less

developed
Thank you for
Listening!