This chapter aims to provide an analysis of compelling conditions which are faced by developing economies in the current phase of the globalization. Globalization provides opportunities for developing economies yet it also causes difficulties at the same time. Effects of globalization on developing economies depend largely on deliberate policies that must be followed by the governments and support of the people alongside public authorities in designing such public policies. For market operations cannot secure optimal results for developing economies, the fate of a developing economy cannot be fully left to private markets' mercy so that public intervention often becomes a necessity.
In this chapter, the aim is to trace the relation between the ecological conditions as the most crucial issue of the commons and the economic system. The literature survey points to the economic system as the sole responsible agent for ecological crisis, besides natural cyclical situations, making the researchers concentrate on the economic system with the purpose of finding its relation to the problem of the commons. It should be emphasized that the reason the commons problem attracts the attention of researchers is the fact that most of nonappropriable commons have been privatized and became appropriable throughout time. Another related problem is that the commons problem cannot be confined solely to such commodities like pastures, fishing areas, and lakes from which people get immediate benefit; it covers quite a large area of events from the destruction of the ozone layer to the produced knowledge, yet bounded under patent rights and even human mind redressed by capitalist ideology.
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