In the article ‘The
Double Edge of Globalization’, Chanda (2007) expresses that globalization
brings about both negative and positive effects. Globalization results in
global economic growth and advancements in technology and telecommunications,
creating a closely interlinked world. However, it also contributes to environmental degradation. The Kyoto Protocol’s limited success was
largely attributed to the United States's refusal to to participate. He then suggests that international cooperation between all key players is essential in mitigating globalization’s negative effects. I
agree with his view. However, I would probe deeper into the effect of lax environmental regulations observed in economically challenged countries.
I believe that lax
regulations would attract foreign investment and production, benefiting the
country’s economy and development. As a result, these countries generally do
not impose strict environmental regulations. In the context of Indonesia, lax
regulations could be present to facilitate the nation's heavy involvement in the
manufacturing and trade of goods. In addition, a high percentage of Indonesia’s
deforestation is illegal. Companies often use environmentally devastating
methods to accelerate the clearing of land for sale and agriculture. Even so, the
government had made little effort to solve the illegal logging issue.
Therefore, I believe
that in addition to combined international efforts of key players, cooperation
from economically challenged countries and the implementation of stringent local
regulations are also needed to mitigate globalization’s ill effects.
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