Globalisation, Economic Transition and the Environment

Globalisation, Economic Transition and the Environment

Forging a Path to Sustainable Development

Edited by Philip Lawn

This book focuses on three critical issues pertaining to the broader goal of sustainable development – namely, the degenerative forces of globalisation, ecological sustainability requirements, and how best to negotiate the economic transition process.

Chapter 12: Globalisation, economic transition, and the environment: synthesis and a way forward

Philip Lawn

Subjects: development studies, development economics, economics and finance, development economics, environment, ecological economics


This book has focused on three critical issues – the degenerative forces of globalisation, ecological sustainability requirements, and the ongoing process of economic transition – that all require adequate resolution to move towards the broader goal of sustainable development. Each issue has been thoroughly addressed at various stages throughout this book. My aim here is to extract the most important messages from each chapter and synthesise them into a coherent image of where humankind presently stands in its efforts to achieve a lasting prosperity for all. From this, a number of policy recommendations and institutional modifications will be outlined – some of which have already been discussed in earlier chapters– to assist nations and the global community achieve sustainable development, as defined in Chapter 1. I should point out that the list of policies presented in this chapter is anything but exhaustive. There are many policies that would be of great benefit in promoting sustainable development that will not be discussed in this chapter. These include policies in relation to greater government control of national money supplies, labour market reforms, the regeneration of social capital, and modifications to political institutions to better promote participatory as well as representative forms of democracy.

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