The next wave of globalization

The World Bank published a new report called "Global economic prospects 2007: The next wave of globalization". According to the report the globalization could spur faster growth in average incomes in the next 25 years than during 1980-2005, with developing countries playing the central role. This, without careful management could cause growing income inequality and severe environmantal risks like exceleration of global warming and extinction of fisheries. Good news of future prospects of reduction of world poverty doesn't apply one region though: the progress in Sub-Saharan Africa is expected to remain slow.

Spiritually thinking, it is interesting that the last decades we have seen in revivals all over the developing world the fullfillment of the word "He has filled the hungry with good things, but has sent the rich away empty." I don't expect this to change. What I am really looking forward to is God to raise up people to speak in his name about the environmental issues that our irresponsible behavior has caused. According to the WB report the annual emissions of greenhouse gases will increase some 50% by 2030 without widespread policy changes. Everyone can think how green our winters here in north would then be...

And if you hadn't yet realized that Christmas is an educational high season for climate change campainging you can watch this interesting video. The idea of making our pagan traditions serve environmental education is a bit interesting, but from media perspective I like the films though.