ABSTRACT
This chapter reviews the literature on globalization, the environment, and sustainable economic growth. Globalization is viewed as a step toward a fully integrated world market and as a key ingredient of a global society. Globalization is seen by some academics as a "borderless world". C. Brown expounds on globalization as large-scale openness of borders accomplished by loosening state regulations to promote rapid financial transactions, trade, communications, and other social and cultural activities. The World Commission on Environment and Development defines sustainable development simply as "development that meets the needs of the present without compromising the ability of future generations to meet theirs". Sustainable economic growth can be explained as sufficient economic growth for the present generation without harming the ability of future generations to attain their needs. A. D. Matteis' globalization will have both positive and negative consequences with respect to sustainable economic growth. The chapter also presents an overview of the key concepts discussed in this book.
