This topical book discusses the extent to which the post-war process of globalization may be considered consistent with the basic requisites of sustainable development. The ongoing debate surrounding this important issue has generated widespread interest but has also polarized public opinion into two opposing camps: those in favour of or against globalization, and those concerned or unconcerned with the requisites of sustainable development. This book seeks to prove that these two concepts are not mutually exclusive, and that the current polarized debate is damaging and misleading. Through exploring the conceptual foundations of the issues, as well as comprehensively analysing data and country experiences, the book provides a rational overview of the relationship between the ongoing processes of globalization and sustainable development, and offers guidance on the best policies to keep them under control. The authors offer suggestions on how economic, social and environmental policies might be redirected to eliminate, or at least mitigate, the adverse effects of globalization while strengthening its positive influences on the sustainability of world development. Drawing extensively on empirical information, and covering aspects such as global warming, energy trends, inequality and health, this book is a vital companion for academics and policymakers active in this area.
ALESSANDRO VERCELLI is Full Professor of Economics at the University of Siena, Italy. He is Vice President of the Executive Committee of the International Economic Association. He is author and editor of several books and articles in the fields of economic policy, economic methodology, cycle theory and environmental economics. SIMONE BORGHESI is Assistant Professor at the University of Pescara, Italy. He has worked at the International Monetary Fund, Washington, and at the Fondazione ENI Enrico Mattei, Milan. He is author of several articles in the fields of international, development and environmental economics.