Sheila Rai and Dhirendra Vajpeyi (Eds.), Globalization and Sustainable Development: Quest for New Paradigm (Publishing Society Canada, 2021), 204 pp., ₹1100. ISBN: 978-1-77469-008-6.

The term ‘globalisation’ has become very prevalent in many contexts. It has increased integration between markets for goods and services capital and has improved the lifestyle of the global population. This book critically examines various perspectives of globalisation and evaluates the challenges of sustainable development. Globalisation has provided miscellaneous alternative development models to advance human life and make progress. It has connected people through enhanced trade, technology and interrelationships among countries through the free flow of capitalism and liberalism. Contributors to this volume highlight that liberalism has extended democratic values, and capitalism has carried forward to private institutions because multinational companies invest their capital in innumerable countries for benefits (Kumar, 2024); capitalism has, thus, remained unchallenged for about three decades. Unfortunately, the intellectual climate of globalisation has almost eroded the collective sense of exploring alternative models and possibilities. Several chapters of this volume highlight contemporary challenges because, due to the excessive exploitation of natural resources for development, many kinds of crises have arisen, forcing intellectuals and administrators to rethink development. This book suggests that development means not only economic growth and a luxurious life but also conservation of resources so that the coming generations do not have to face any crises. more...