Economic Globalization and Environmental Sustainability: A Comparison between Developing and Developed Countries

Public concerns regarding environmental consequences of globalization and increasing economic activities, both have been very important in international relations since 1980s. This paper compares the environmental impacts of economic globalization between developed and developing countries, using panel data model for the period 2005-2011. This article used new composite environmental sustainability index FEEM. Results indicate that the impact of economic globalization on environmental sustainability for both developing and developed countries is negative and significant.