ABSTRACT

Globalization and the Environment The Good, the Bad, and the Ugly The term “globalization” itself is seemingly innocuous and straightforward, meaning that something-in our context commerce-takes on a global scope. In terms of its implications, however, globalization means different things to different people. Globalization is both feared and revered for the exports and influences that extend across regional boundaries. The exchange of ideas and information can foster education and promote the understanding of other cultures. Cooperation can lead to important medicinal cures and technological leaps. And it is economically efficient to allow regions to specialize according to their comparative advantages and then trade to achieve a desired balance of goods and services.