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Center for Economics and the Environment: Policy Series


In recent years, globalization has become a remarkably polarizing issue. In particular, discussions about globalization and its environmental impacts generate ferocious debate among policy analysts, environmental activists, economists and other opinion leaders. Is globalization a solution to serious economic and social problems of the world? Or is it a profit-motivated process that leads to oppression and exploitation of the world’s less fortunate?

This paper examines alternative perspectives about globalization and the environment. It offers an explanation for the conflicting visions that are frequently expressed and suggests elements of an institutional framework that can align the benefits of globalization with the objective of enhanced environmental protection.

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