In "The Double Edge of Globalisation", Chanda
(2007) states that there are positive and negative consequences of
globalization and combined international efforts are needed to mitigate those negative
consequences.
Benefits include an increase in international trade,
stronger economic growth and the immediate conveyance of global information.
Deforestation intensifies as a result of international
corporations shifting their operations to developing countries with lax
environmental regulations and farmers growing cash crops. Pollution is another
consequence that is critical, as a result of its ability to transverse over
territorial boundaries, harming the world’s environment. On the other hand,
global warming is capable of weakening the international economy and destroying
homes through floods.
The combined international efforts of all governments
are necessary to mitigate those global consequences, rather than condemning a
single party, the United Nations. The limited success of the Kyoto Protocol is
a perfect example. With the absence of United States and the lack of
implementations by its participants, it restricts the success the Kyoto
Protocol was aimed to achieve. With combined international efforts, it is possible to avert these negative consequences.