Such an important discussion, Prokopowicz.

I think it is difficult to provide a definitive answer to this question regarding the discussion at stake as the effects of economic globalization on sustainable international economic development are complex and multifaceted. It is likely that globalization processes have both positive and negative effects on sustainable international economic development. On the one hand, economic globalization is associated with increased access to capital, expanded trade markets and increased opportunities for international investment, which can all lead to increased economic growth and increased opportunities for sustainable international economic development. On the other hand, globalization processes can lead to increased competition, unequal access to resources, and an increased risk of financial instability, which can all have a negative impact on the ability of countries to achieve sustainable economic development. Moreover, the effects of economic globalization on sustainable international economic development are likely to vary depending on the particular context. For example, in countries with weak regulatory and governance structures, economic globalization may lead to a "race to the bottom" in terms of environmental and labor standards, which could undermine sustainable economic development. In contrast, in countries with strong regulatory and governance structures, economic globalization may lead to more positive outcomes as these countries are better able to take advantage of the opportunities presented by globalization while still protecting their economic and environmental interests. Therefore, it is difficult to make a definitive statement about the effects of economic globalization on sustainable international economic development. What is clear, however, is that the effects of economic globalization vary greatly depending on the particular context and that countries must be careful to ensure that their policies and regulations are designed to maximize the benefits of globalization while minimizing its potential negative effects.

Economic globalisation is a neoliberal project, Dariusz and hence by definition is antithetical to sustainability. See my review of Dicken's "Global Shift" published in the Canberra Bulletin of Public Administration in 2004. Also see my essay (listed on Research Gate) on the weakness of GDP as a measure of economic growth which itself is antithetical to sustainability, growth being a compounding geometrical function whereas sustainability is by definition a steady-state function.

There are many reasons why globalisation is steering the world away from sustainability, its emphasis on free trade being just one. Free trade means that countries swap goods that they could be producing themselves across the oceans burning fuel simply because companies driving trade can profit from price arbitrage.

Another reason is the ability of corporations to avoid taxation which by itself inherently disadvantages the provision of public goods by governments all around the world. Another reason is the ability of corporations to leverage regulatory concessions from governments. Globalisation has allowed corporations with a regressive, anti-intellectual, anti-environmental and anti-social outlook such as the Murdoch empire to gain leverage over the media and hence to propagate their vilification of environmental thinking around the world.

There is no reason in philosophy, ethics or disciplines other than modern orthodox economics why price should determine value. Arbitrage on price is at the core of contemporary economics and hence of economic globalisation.

Sustainability almost by definition requires localisation of trade, residential development, economic exchanges and transport (e.g. the 15 minute city) if for no other reason than to reduce the consumption of fossil fuels.

You may correspond further if you have a draft paper that you would like me to critique.