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Article Review of Environmental Sustainability

   

Added on  2020-04-21

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Running head: ARTICLE REVIEWArticle ReviewName of the UniversityName of the StudentAuthor note

1ARTICLE REVIEWIntroductionEnvironmental sustainability in the wake of developmental agenda in both developed anddeveloping countries have been an issue in recent years. The United Nations, in the RIO 20Summit in 2012 made an important announcement to integrate sustainable development goals(SDGs) into the Millennium Development Goals (MDGs). This was a crucial announcement as itmeant development without hurting the environment had to be the focus of the countries.According to Kumi, Arhin and Yeboah (2014), the standardized perception of sustainabledevelopment supports for impartial and environmentally sensitive economic development. The authors however points out that sustainable development has to survive the onslaughtof neo-liberalism, a concept that refers to the resurrection of the 19th century economic ideas inthe 20th and 21st century. Developing countries in particular, have to realize whether they want toboost their economic growth through privatization and globalization or concentrate on thesustainable development. Neo-liberalism and development agendaThe authors state that neo-liberalism concepts and the changes related to it, are incontradiction to the concept of sustainable development. They argue that the policies of neo-liberalism like reduced government interference and privatization has had a bad affect on theenvironment as well as social development that cause a threat to the accomplishment ofsustainable development. However, Lieberherr and Truffer (2015), argue that globalization andprivatization although, might prove to be a threat to environmental sustainability, it is also theway to sustain the environment. They pointed out the benefits of privatization specifically inwater sustainability in the developing countries. Developing countries in particular might benefit

2ARTICLE REVIEWfrom this as they can import ideas, techniques, and technologies from the developed nations inorder to develop as well as not harm the environment. Neo-liberalism in developing countriesFurther, the article states that neo-liberal concepts in developing countries wereprescribed by the developed nations in an attempt to fulfill their own objectives. In addition,developed nations in the past few decades have illustrated that these agendas or concepts of neo-liberalism must be obliged by all the developing nations. Neoliberals, the authors point out, haveargued in favor of privatization and lesser control of the state in terms of environmentalgovernance. According to the neoliberals, lesser government control and more power to theprivate market would surely utilize the natural resources in an effective way that ensuressustainable development. The author convincingly points out the fact that neo-liberalism has taken over thepolitical and economic discourse in developing nations and these nations are unable to get out ofits clutch. On one hand, neo liberals claim that privatization, free-market and such related termshave encouraged positive competition, efficiency and steadiness of the economy. However, incontrast to it, there have been studies that prove otherwise. Monopoly, corruption, unstablemarket, inflation and similar negative effects have been visible in markets of many developingnations since the introduction of privatization and globalization. To assert that privatization and related neoliberal concepts had adverse effects onsustainable developmental goals, in developing nations particularly would be incorrect. Theauthors through different studies and examples undertaken in different countries have validatedthis clearly (Panayotou 2016). They point out that privatization does have a positive impact on

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