IDEAS home Printed from https://ideas.repec.org/a/brc/brccej/v4y2019i2p112-119.html
   My bibliography  Save this article

Economic Globalization Versus Sustainable Development

Author

Listed:
  • Alexandru GRIBINCEA

    (Free International University of Moldova, Republic of Moldova)

  • Alexandru GRIBINCEA

    (Universidad de Cadiz, Spain)

Abstract

The obvious achievements in the development of the world economy were accompanied by the increased concern of politicians, businessmen, scientists and elites, fear of risks of further prospects for the development of destructive processes in national economies, industries and entities. The pursuit of profit forces resource users to save on costs in the performance of two fundamentally important economic functions related to nature: the extraction of resources, which leads to its excessive destruction, and the disposal of waste of the production cycle, which leads to pollution. At the same time, the effect of these functions leads to a further decrease in the ecological capacity of the planet. Globalization has shown that the idea of a high degree of environmental development of the West is a myth that allows a certain country to solve environmental problems safely only on its territory. "Prosperous countries" solve the problems of their "dirty economy" at the expense of the periphery of developing countries. Polluting enterprises of fuel and energy, agriculture, forestry, fisheries, industrial, energy and other sectors of the economy were brought to the periphery of the world market economy. Therefore, the scale of global problems, from which it is impossible to hide behind national borders, is increasing.

Suggested Citation

  • Alexandru GRIBINCEA & Alexandru GRIBINCEA, 2019. "Economic Globalization Versus Sustainable Development," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 4(2), pages 112-119.
  • Handle: RePEc:brc:brccej:v:4:y:2019:i:2:p:112-119
    as

    Download full text from publisher

    File URL: http://www.revec.ro/papers/190214.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    economic globalization; innovations; sustainable development; global issues;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:brc:brccej:v:4:y:2019:i:2:p:112-119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristina GANESCU (email available below). General contact details of provider: http://www.univcb.ro/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.