Sustainable livelihood pattern based on the common property of resources in developing countries have increasingly been facing lots of problems of degradation, decline and destruction of over the last few decades due to the alarming growth of population, commercialization, industrialization and urbanization. This poses a great threat to sustainable development, human society and to the natural world. The process of globalization has been an integral part of the recent economic progress. Economic globalisation also has less explicit implications for climate change and resource depletion. Globalisation is not itself responsible for these failures of open market economics.
