Linking Globalization and Extinction Rates: A Statistical Analysis of the Effects of Globalization on Biodiversity
AbstractThe negative effects of globalization upon the natural environment have come to the forefront of national discussion. Many people are concerned with global warming and the decline of species across the world. Increases in economic liberalism have failed to take into account the influences of unregulated free trade upon biodiversity. The focus has remained firmly on economic gains and profit. This seems to have dire consequences for biodiversity through habitat loss and the overconsumption of materials. In order to look at these effects, statistical links between globalization, CO2 emissions as a measure of industrialization, and the amount of threatened animals in a country will be analyzed. Correlations can be drawn between globalization and economic factors that illustrate negative effects upon threatened animals in the models presented. Economic liberalism is revealed to be a source of many of the problems related to environmental degradation; however, institutional liberalism may be able to provide some solutions through international agreements and stronger preservation efforts.
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