Globalization and protection of environment

In recent years two trends have come into conflict in the international arena. The first is the globalization of economy and the second is the increased public concern over the environmental impact of economic activities and awareness of the global dimensions of many environmental problems. Nowadays confrontation of the issue of globalization and economic liberalization and protect of the environment is a matter of heated debate and environmentalists see globalization posing a threat to environment standards. The effects of liberalization on environment in the developing world have been analyzed from the perspective of the pollution- have hypothesis. The hypothesis suggests that the liberalization encourages a spatial displacement of the so-called dirtyor pollution- intensive industries from the developed countries with stricter environmental regulations to their preferential location in developing countries which enjoy minimal environmental regulations or capacity for environmental monitoring and enforcement. It also suggests that economic policies which promote foreign investment in the natural resources of developing countries will increase rates of natural-resource extraction in the developing world. according to the theory, the translational firms will employ cheep technologies in developing countries which are not environmental sound and no longer permitted to use in the industrialized world