Revised Summary "The Double Edge of Globalisation"

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.