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In the opinion of (Steger 22), in later part of the 20th century, the world found economic growth as ulterior factor for progress and power so, nations standing aloof meant retrogress and backwardness to them.
To have a rational analysis of economics in globalization phenomenon, I have structured this essay in two main sections. First section discusses correlation between global environment and local issues. Further, second section exhaustively deals with implications of poverty on global environment as well as on local level. In this section, argumentative approach is taken regarding what poverty literally means to global environment as well as to local one. Finally, this paper ends up with a detailed
Globalized world has a logical association with local issues because, local issues profoundly influence global environment. In this highly globalized world local problems become international and international concerns have implications on local level so, there is strong relationship between global environment and local issues. These issues include many things such as: concerns relating to environmentalists, third world countries, and critics of capitalism, business organizations and trade unions of rich countries. Further, health issues, labor rights, cultural issues and issues of national integrity also have nexus with international environment. International arena is more concerned with dealing with these problems as they pose threat to unification of the world driven by communication, transportation and information technology.
International scenario is concerned with issues of environmentalists because global world does not seem to have same environmental conditions across the globe. Further, global warming which has serious implications for some countries, but has a sunny side for others, has seriously affected globalization process. In this connection, world ...Show more


It stands for numerous perspectives. Globalization in a broad perspective is incorporation of the world socially, economically and technologically. This amalgamation is not a new…
Author : manneddie
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