Globalization has become a matter of world importance as situations occurring on the opposite site of Earth may exert influence on the other side. Things such as oil prices have inevitably affect situations in many countries. (Chanda, 2008) Therefore a global resolution has to be kept in place to keep a certain order and standard that governs all the international trade relations. Unfortunately, as mentioned, this set of laws have always lagged behind (Chanda, 2008). I agree with many of the points of the author on the point that since the ancient times, globalization have always preceded the erection of laws governing it. The formation of the laws have always taken second priority despite the many recent advances in global governance (Chanda, 2008). Yet the author appears to adopt a neutral stance regarding the United States (US). I prefer to look at it as sheer arrogance and selfishness as it is the one of the most powerful countries and having the biggest economy. The cost to complying to the treaty is prohibitive to the US economy (“Kyoto Protocol Fast Facts - CNN.com,” n.d.). This despite having years of globalization and progress ahead of many other countries. This fact is echoed by China who calls on the US to comply as it is the largest greenhouse emitter in the world. (“China Calls on the U.S. to Join Kyoto Protocol | Worldwatch Institute,” n.d.).
References:
Chanda, N. (2008). Runaway globalization without governance. Global Governance: A Review of Multilateralism …, 14, 119–125. Retrieved from http://journals.rienner.com/doi/pdf/10.5555/ggov.2008.14.2.119
China Calls on the U.S. to Join Kyoto Protocol | Worldwatch Institute. (n.d.). Retrieved October 02, 2013, from http://www.worldwatch.org/node/144
Kyoto Protocol Fast Facts - CNN.com. (n.d.). Retrieved October 02, 2013, from http://edition.cnn.com/2013/07/26/world/kyoto-protocol-fast-facts/index.html
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