Without theory, the developer can do only what is politically feasible. “The report of the Secretary-General emphasizes that globalization can be a powerful driver of economic growth, but to achieve sustainable development, globalization … h��[]o\��+|L�8�!9XJ�h�"v����B*�i 4��gȹ���K.����C�s��"�*�@λBpY�3��>�#�*�"E�dGI���Q.�V\(�j��������H:�h-��բ��Z-���� �k�Zv��V����ZM�g�%P�mD"���H���F$�-mD��G�c_Ykٱ��&��賥☉�V��D�KQ�L�kP��U�Y���r�:'��f�S[@�tf< H��\\�^ך����wB���I��$V9:���99���evR$h-�����V+���jՕW�+,:���Z-�R�հߵ(��R{JaWC{J,gM�)E\e]X�ƚK���ZH��jm{��Q(��f,՘u����^g*�j��꨺I���+�a��uEA����V�j�3�N�ڼ���x�@#i�R�FEt2l>OMh���Bh*_�-j�@�v"b���� Among other goals, they aim at ending poverty and hunger, ensuring well-being of all people, promoting quality education and health care, For example, in the 1990s, between 10,000 and 30,000 square kilometers a year of Brazilian rainforest were cleared, fueling rapid economic growth in farming and ranching operations (Butler, 2012). Top 10 blogs in 2020 for remote teaching and learning; Dec. 11, 2020. Now customize the name of a clipboard to store your clips. •Sustainability 1.0 focuses on environmental protection to reduce pollution and waste, while encouraging preservation of nature and open space. Some developing countries are beginning to realize the prospects of a more beneficial Economic globalization and local development 1, Globalization and the interdependence of world economy, Economic globalization and how it affects Cambodia, No public clipboards found for this slide. The term "development" in international parlance therefore encompasses the need and the means by which to provide better lives for people in poor countries. The economic policies, adopted and enforced globally by the industrial powers are described by globalization and liberalization after collapse of the socialist block and became dominant in the entire … R���灹�B �I'� 2030 Agenda for Sustainable Development commits to promoting development in a balanced way—economically, socially and environmentally—in all countries of the world, leaving no one behind and paying special attention to those people who are poorest or most excluded. They then need to borrow money to pay the difference, which is known as balancing their payments. Institutional Framework for Sustainable Development 48 7. As a strategy, sustainable development recognizes that past policies sometimes achieved development by means that could not be kept up over time. Countries accumulate foreign debt when they buy more from the rest of the world than they sell abroad. Economic Development 26 4.3. In recent years, fractures and fault lines have deepened across the world economy, compromising the achievement of the Sustainable Development Goals. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Globalization and sustainable development: Case study on international transport and sustainable development. Virtual holiday party ideas + new holiday templates; Dec. 11, 2020 Challenges and Opportunities 39 5. Green economy in the context of sustainable development and poverty eradication 42 6. The world economy is witnessing a new wave of economic globalization, defined as the integration of the world's economies through an increasing array of bilateral and multilateral, regional trade and investment agreements.Many governments are also unilaterally reducing the role of the state in economic affairs. endstream endobj 4212 0 obj <>/Metadata 204 0 R/OCProperties<>/OCGs[4221 0 R]>>/Outlines 240 0 R/PageLayout/SinglePage/Pages 4193 0 R/StructTreeRoot 387 0 R/Type/Catalog>> endobj 4213 0 obj <>/Font<>/Properties<>/Shading<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 4214 0 obj <>stream 4220 0 obj <>/Filter/FlateDecode/ID[<819459DE597F524D86107C2E79A732F1>]/Index[4211 276]/Info 4210 0 R/Length 80/Prev 410365/Root 4212 0 R/Size 4487/Type/XRef/W[1 2 1]>>stream GLOBALIZATION AND SOCIAL-ECONOMIC DEVELOPMENT: PROGRESS OR REGRESS Environment Development 34 4.4. By the early 1980s a large number of developing countries were having trouble financing their foreign debts. 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