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This paper discusses the current relevance of Anssi Paasi's 2002 paper Bounded Spaces in the Mobile World: Deconstructing 'Regional Identity'. Using Paasi's conceptual tools to analyse the cultivation of a thin regional identity discourse of the metropolitan region Amsterdam, it is shown how the construction of a large upmarket housing estate in the small town of Muiden near Amsterdam is legitimised. Paasi's conceptual tools also help to analyse the use of a traditional thick local identity discourse by the local population. This illustrates the growing importance of thickening resistance identities in reaction to the neoliberal policies promoting globalisation. When Paasi wrote this paper at the turn of the century, the world was opening up, which challenged established identities. Today, we see a revival of thickening identities again. [ABSTRACT FROM AUTHOR]

This paper contributes to the literature on political corporate social responsibility (PCSR) by considering the forward‐looking, political responsibilities of corporations in relation to structural injustice, based on a critical engagement with Iris Marion Young's Social Connection Model (SCM) of responsibility. Although Young's SCM serves as a key reference point in the PCSR literature, engagement with her work tends to be superficial and lacks critical engagement. By offering a more developed engagement with Young's SCM, this paper addresses several themes that have been highlighted as being insufficiently developed in the PCSR literature. In particular, this paper considers (i) the grounds for corporate political responsibility in relation to structural injustice rather than globalization; (ii) the scope of corporate political responsibilities vis‐à‐vis other actors; and (iii) the role of power in relation to deliberative processes and in relation to scope. [ABSTRACT FROM AUTHOR]

The purpose of this study is to examine the relation between internationalization and firm sustainable performance on a set of listed Indian family firms belonging to mid‐cap and large cap categories and listed on NIFTY 500. This paper aims to explore the heterogeneity among internationalization and a set of defined variables, namely, female representation on the board, firm size, firm age, industry type, leverage, corporate social responsibility (CSR) and the number of female executives in influencing the firm performance. We aim to incorporate corporate governance, the factors influencing decisions related to it and gender diversity in understanding the relationship between internationalization and firm performance in the context of Indian family firms. The Generalized Method of Moments (GMM) and panel data regression models are both used in the study's empirical methodology. In order to examine the relationship between internationalization, as indicated by the percentage of foreign ownership, and family firm performance, as indicated by Return on Equity (ROE), the study uses the data from 2014 to 2023 for analysis, totaling 16,586 firm‐year observations. The findings indicate that internationalization, measured in this study by the investments the companies make abroad, positively affects the performance of the family firms. Age, women on board and number of female executives are seen to have positive associations with the performance of family firms. However, it is seen that firm size for family firms negatively impacts the performance while CSR and leverage seem to have no significant impact. [ABSTRACT FROM AUTHOR]

Economic growth has been crucial in contributing to carbon dioxide (CO2) emissions from the Industrial Revolution, and it affects CO2 emissions heterogeneously with different income levels. Therefore, studying the role of economic growth on inequality in carbon emissions is imperative. This paper analyses the determinants of CO2 emissions inequality in the panel dataset of 37 Organisation for Economic Co-operation and Development (OECD) countries from 1990 to 2019. Age dependency, globalisation, and institutional quality reduce CO2 inequality in the OECD economies. However, gross domestic product per capita increases CO2 inequality. The results are robust to utilise different panel data estimation techniques. This paper provides the first evidence in the literature of determinants of CO2 inequality across the OECD countries. It is suggested that governments in the OECD economies offer a blueprint for a sustainable society of green economic growth. Other potential policy implications are also discussed. [ABSTRACT FROM AUTHOR]

This paper examines how latecomer firms manage to achieve industrial upgrading through strategic coupling with global lead firms in automotive production networks. Drawing upon the example of the Guangzhou Automotive Corporation in southern China, this paper theorizes 'cross‐scalar tension' as a key factor to explain why the four cases of strategic coupling between lead firms, the same domestic firm and state ended in different results, from decoupling to a sustainable coupling with local upgrading. This paper contributes to the pertinent literature by demonstrating that cross‐scalar tension is inherent to the nature of global production networks, and unreconciled tension concerning different corporate strategies on technological transfer, localization and product development could lead to decoupling. Importantly, good coordination and matching on corporate strategies between lead and domestic firms could relieve cross‐scalar tensions, thus fostering local industrial upgrading and sustainable strategic coupling. [ABSTRACT FROM AUTHOR]

This critical interpretive paper deploys Walter Mignolo's geopolitics of knowledge concept to examine higher education internationalisation in Kazakhstan. Amidst growing concerns about economic and environmental sustainability, elitism and cognitive justice, among other critical issues, internationalisation remains a vital government policy. By tracing Kazakhstan's development since independence from the Soviet Union and focusing on key higher education development policy frameworks, the paper argues and illustrates that: (1) the internationalisation of higher education in Kazakhstan promotes a specific representation of the world that is considered universal and modern; (2) the internationalisation of higher education in Kazakhstan illustrates the existing hierarchical global higher education system that is dominated by the West as centres of knowledge and learning while allocating other countries peripheral roles; and (3) the geopolitics of knowledge concept enables the reading of higher education internationalisation beyond what is knowledge to who, why and where knowledge is produced. The data for this paper came from a qualitative study that involved 15 semi‐structured interviews with graduates who studied abroad at Western universities through the government‐sponsored Bolashak Scholarship. Three focus group sessions with 21 graduate students at Nazarbayev University complemented the interviews. The qualitative data suggest that Mignolo's geopolitics of knowledge offers a close‐to‐perfect description of the internationalisation of higher education in Kazakhstan. The conclusion drawn from this post‐Soviet study is the universalisation of Western knowledge as nations utilise it for meaningful development, despite decolonial and cognitive justice concerns. [ABSTRACT FROM AUTHOR]

This paper mainly presents a complete analysis of the impact of such sanctions on the innovation performance of target countries by exploiting the difference‐in‐differences method for panel data of 91 countries in the period 1988–2016. The empirical results confirm a significantly negative impact of overall international sanctions on innovation in the target countries; moreover, except for noneconomic sanctions, other types of sanctions have a negative impact on the level of innovation in the target countries to varying degrees. These findings are also supported by two semiparametric matchings: artificially matching according to the two factors of geographical location and land area respectively and the propensity score matching, one nonparametric matching: entropy balancing, as well as the system generalized method of moments estimates that account for any bias due to lagged dependent variables. This paper also shows that the significantly negative effect of international sanctions is manifested in the countries with high levels of trade openness, globalization, and democracy, but not in the countries with low levels of trade openness, globalization, and democracy. Our empirical findings merit particular attention from policy‐makers in target countries. [ABSTRACT FROM AUTHOR]

Despite commendable efforts to end hunger and achieve Sustainable Development Goal 2, the prevalence of undernourishment is still inadmissibly high, especially in Africa. Though important determinants of undernourishment have been documented, little is known about the role of globalization. This paper aims to fill this gap using a sample of 48 African countries over 2000–2020 period and data from the KOF globalization index and the World Bank dataset. The results from Driscoll and Kraay's Standard Errors and Instrumental Variable Generalized Method of Moments (IVGMM) methods show that globalization reduces both the prevalence of undernourishment and child stunting in African countries. Accounting for the dimensions of globalization, the results show that while economic globalization is negatively associated with food security, social and political globalization enhances it. Moreover, income growth, government size and access to electricity are identified as channels through which globalization reduces hunger in Africa. African governments should develop evidence‐based policies and interventions that leverage the opportunities presented by globalization to ensure food security. [ABSTRACT FROM AUTHOR]

The 2024 TESG Forum revisits Anssi Paasi's 2001 article Bounded Spaces in the Mobile World: Deconstructing 'Regional Identity'. This work expanded Paasi's ideas on the institutionalisation of regions by highlighting the interplay between the social construction of regions and the changing regional identities of individuals and communities in the context of Europeanisation. The article places Paasi's theoretical work on how regions emerge as bounded spaces in the whirlwind of a rapidly globalising world. In exploring the relation between regions and identity, Bounded Spaces in the Mobile World reveals tensions between fixity and mobility. Revisiting this important paper 20 years later makes us realise how the world around us has changed. The tension between mobility and fixity remains but in different imaginaries and power constellations. [ABSTRACT FROM AUTHOR]

English has, for historical reasons, risen to global prominence as the unchallenged lingua franca internationally. World Englishes (WE) has, as a result, established itself as a visible line of research, exploring localised/indigenised varieties of English from around the world (e.g. India, Sri Lanka, Pakistan, Hong Kong, Singapore, Nigeria). However, most of the discussions so far concern English written in the Latin script as people would normally expect. Against a backdrop of globalisation and the juggernaut of English, this article points to an increasingly salient phenomenon that English especially in superdiverse and/or (post)colonial societies (e.g. India and Pakistan) may disguise in seemingly inscrutable and 'mysterious' local scripts (e.g. Perso‐Arabic script and Devanagari script) and even 'pass off' as local languages in these countries' linguistic landscapes through phonetic transliteration. This emerging trend begs the question whether these should be understood as new varieties of local languages or new kinds of world Englishes disguised in non‐Roman scripts. This phenomenon is theorised in this paper conceptually. To illustrate our point, examples of authentic signs taken from the linguistic landscapes relating to South Asia and South Asian communities are discussed. As English is increasingly glocalised and becomes part of other less dominant languages, this article calls on researchers in World Englishes (WE) and (socio)linguistics in general to look beyond English written in the Latin script in a conventional/traditional sense and to expand the scope and remit of WE research to explore how English, as a dominant code, becomes indigenised using local scripts and morphs into and even 'passes off' as 'local' surreptitiously. This fundamentally calls for the crucial need for researchers from diverse and multilingual backgrounds to work together to better understand English and other non‐dominant languages' role in the 21st century. [ABSTRACT FROM AUTHOR]

This paper asks whether history should change the way in which economists and economic historians think about populism. We use Müller's definition, according to which populism is 'an exclusionary form of identity politics, which is why it poses a threat to democracy'. We make three historical arguments. First, late‐nineteenth‐century US Populists were not populist. Second, there is no necessary relationship between populism and anti‐globalization sentiment. Third, economists have sometimes been on the wrong side of important policy debates involving opponents rightly or wrongly described as populist. History encourages us to avoid an overly simplistic view of populism and its correlates. [ABSTRACT FROM AUTHOR]

Recent decades have witnessed the increased emergence and global application of medicalized meanings and practices related to mental health, with cases of contestation, adoption, as well as resistance observed. Such globalization raises a number of important sociological questions about the nature and consequences of such practices, as well as what they might mean for the changing nature of medicalization. Focusing on a classic case within medicalization studies, Attention Deficit Hyperactivity Disorder, this paper reviews existing insights on medicalization and mental health diagnosis and treatment in global context, future lines of inquiry, and related challenges. [ABSTRACT FROM AUTHOR]

This paper investigates the asymmetric effects of fossil fuels, foreign direct investment (FDI), and globalization on the ecological footprint (EFP) in Mexico from 1975 to 2020. To this end, the Autoregressive Distributed Lag (ARDL), Nonlinear Autoregressive Distributed Lag (NARDL), and the wavelet coherence approach are conducted. Based on the outcomes of the ARDL method, economic growth and fossil fuel consumption lead to ecological degradation, while foreign direct investment improves environmental conditions. Globalization has no impact on the environment. The NARDL approach illustrates that a positive shock to fossil fuels, FDI, and globalization degrades the environment. The wavelet coherence results emphasize the adverse environmental influence of economic growth and fossil fuels. These results imply that the Mexican government should conduct its economic expansion considering the principle of sustainable development. In this context, policymakers should propagate carbon taxes and similar instruments to promote clean energy sources that can replace fossil fuels and are compatible with sustainable development policies. [ABSTRACT FROM AUTHOR]

The aim of this paper is to examine the status of national learned societies in social sciences and humanities (SSH) in Europe. Previous research shows that learned societies serve diverse roles in higher education and suggests that national societies come under pressure given different developments, such as internationalization or open science adoption. We investigate a comprehensive range of aspects within national learned societies: primary goals, activities, internationalization, organization, funding, membership, and recent changes, addressing potential pressures arising from them. Using a cross‐national survey involving 194 learned societies across eight European countries, we study: (a) do the previous findings from individual countries or small selections of national societies hold for a broad range of learned societies in SSH across Europe, and (b) are national learned societies coming under pressure due to internationalization and commercialization processes? Our findings confirm previous results from single countries and single disciplines and expand them as our results show that national learned societies in SSH play an important role in Europe in promoting multilingualism in science, collaborating with many stakeholders, and fostering interdisciplinarity. Contrary to previous research, most SSH societies in our study have not undergone significant changes in the past 5 years, challenging expectations of their declining role. [ABSTRACT FROM AUTHOR]

This article broadens the knowledge about the experience of academics in relation to how the internationalization of research has changed in a southern country and tensions that have risen depending on the different disciplines. This work resulted from interviews and documentary data collected mainly through semi‐structured interviews with 57 administrators (including University rectors, provosts, vice‐rectors and deans from multiple disciplines) who had been involved in developing the research strategies. Findings suggest that trends between disciplines differ notoriously. Publishing in foreign countries is more likely to happen to academics from hard sciences. Social sciences and humanities' research activities are often performed in books and book chapters. This translates into an initial disadvantage for social sciences in terms of internationalization since the result of their work is often less visible abroad than scientific indexed papers. This difference might be problematic if used as an indicator of academic productivity and recognition without considering disciplinary differences, especially in countries where research capacities and internationalization are still under development. [ABSTRACT FROM AUTHOR]

The Western‐style internationalisation of Russian universities, which guided the evolution of the country's higher education sector for over three decades, has been challenged by Western sanctions following the 2022 Russian 'Special military operation in Ukraine'. The authors show through the prism of constructivist theory how the norm on the internationalisation of higher education characterised by the strive for Westernised world‐class universities was adopted and then came to unravel in Russia. A qualitative case study based on 42 expert interviews and an analysis of political discourse and legal documents reveals how the key features of the internationalisation of Russian universities are being challenged. The authors contribute to the expert literature the notion of 'norm reversal', defined as the process whereby an institutionalised and internalised international norm is 'cancelled' in a specific country. The paper shows that the reversal in Russian higher education, which was initially 'circumstantial' is becoming 'intentional', with legal documents being drawn up to accelerate and claim ownership of it. [ABSTRACT FROM AUTHOR]

Studying environmental quality is essential for promoting sustainable development and ensuring a healthy and prosperous future for all, as it directly affects human health, well‐being, and quality of life. This paper looks at how globalisation, remittances, human capital, foreign direct investment, and financial growth affect carbon dioxide emissions in landlocked African countries from 1980 to 2018. The study looks at the elasticities between study factors by using second‐generation tests, as well as Continuously‐updated and Fully Modified (Cup‐FM) and Continuously‐updated and Bias‐Corrected (Cup‐BC) tests. The results show that remittances, human capital, natural resources, and income growth all make the environment worse by increasing CO2 emissions, whilst globalisation, foreign direct investment, and financial development all make it better by reducing emissions. The panel causality analysis shows that there are two ways in which transfers and CO2 emissions cause each other, but only one way in which CO2 emissions cause globalisation. Globalisation should be implemented sustainably to avoid irreversible long‐term environmental impacts that deprive future generations of the chance to prosper or maintain their quality of life. It should also empower people and reduce inequality in landlocked countries. [ABSTRACT FROM AUTHOR]

Globalization has fueled the rise of international family disputes, which raise difficult legal issues that cannot be addressed by any court or jurisdiction working alone. These challenges require a considered and coherent response on the international front, supported by the willingness of individual family judges to communicate and cooperate to identify and implement practical solutions. To meet these new challenges, this paper proposes a vision of international family justice as collaborative justice. There are three aspects or phases to the proposed endeavor: (a) the articulation of common aspirations and values; (b) continuing cooperation and communication between family courts and institutions; and (c) convergence in the substantive norms and practice of international family law. Key points for the family court community: International family disputes raise difficult issues which cannot be addressed by any court or jurisdiction working alone. Such disputes call for cross‐border collaboration between judges, family lawyers, and a team of allied family justice professionals.Such collaboration should be directed toward three goals: (a) articulating common aspirations and values for family justice; (b) deepening cooperation and communication between family courts and other family justice institutions; and (c) promoting convergence in the substantive norms and practice of international family law. [ABSTRACT FROM AUTHOR]

This paper analyzes the shift in career strategies among Japanese women due to the globalization of Japan's economy since the 1980s. It highlights how economic changes led to a gender‐based division of labor, propelling women to seek opportunities abroad. The research draws on interviews with 81 women who moved to financial centers in East Asia, mainly in Hong Kong and Shanghai, examining their experiences in the workforce, the impact of human resource agencies in their migration, and the challenges and opportunities they encountered. The study reveals a complex landscape where Japanese women navigate gendered expectations and discrimination both in Japan and abroad in pursuit of career advancement. The conclusion emphasizes three points. First, women found opportunities abroad to do what they wanted, even if it was not what they initially expected before leaving Japan. Second, although supportive and subordinate to male managers, their work was indispensable to the management of Japanese companies abroad. Their contribution has long been underestimated but needs to be considered. Third, the experience abroad gave them direct interaction with various clients and colleagues and a view of rapid societal change in Hong Kong and China, contributing to choosing their diverse career trajectories and life plans. [ABSTRACT FROM AUTHOR]

Introducing a special commentary section focused on geoeconomics, this paper reviews why such commentary is especially timely given current world events and the break‐down in neoliberal globalisation. It thereby points to the geo‐historical importance of the call for critical geoeconomics made by Mallin and Sidaway (2023a), and also introduces the backgrounds of the five commentators on their article's key contributions. [ABSTRACT FROM AUTHOR]

This paper provides the evidence of a fall of markups of price over marginal costs in Poland over the period 2002–2016. Markups were calculated using a census of firms and the methodology proposed by De Loecker and Warzynski (2012; American Economic Review, 102(6)). The fall of markups is robust to several empirical identification strategies. Moreover, the decline of markups is not related to changes in a sectoral composition and firms demography and is most severe in exporting firms. Our empirical results relate the fall of markups to the globalisation and the emergence of the Global Value Chains. We show that an increasing reliance on imported components in production, together with a rising concentration of domestic firms on export markets are the main factors behind the observed compression of markups. We also document a hump‐shaped (U‐shaped) relationship between foreign value added in exports (distance from final demand) and markups. [ABSTRACT FROM AUTHOR]

This paper analyses the determinants of wealth inequality, measured as the share of wealth owned by the top 1 percent wealthiest individuals. We find that labor's bargaining power is a significant and important determinant of top wealth shares. Using a semi‐structural vector autoregression (SVAR) model for the period 1970–2019, we estimate that shocks to labor's bargaining power explain 32 percent, 8 percent and 32 percent of the variation around the long‐term trend in wealth inequality in the UK, USA and France, respectively. [ABSTRACT FROM AUTHOR]

The political globalization trilemma asserts that a government cannot simultaneously opt for deep international integration, national sovereignty and democratic politics, but rather is constrained to choosing two of the three at most. This paper employs cross‐country panel data operationalizing the multifaceted three vertices of the trilemma. After explorative data analysis, we employ panel error‐correction techniques to uncover the mutual interdependencies among the variables in the system. The econometric evidence supports the existence of a long‐run relationship between economic integration, national sovereignty and democratic politics as postulated in the political globalization trilemma. [ABSTRACT FROM AUTHOR]

The world is moving toward globalization rapidly. Everybody has easy access to information with the spread of Internet technology. Businesses are growing beyond national borders. Internationalization affects every aspect of life. In this scenario, by dispersing functions and tasks across organizational borders, time and space, global organizations have higher requirements for collaboration. In order to allow decision‐makers and knowledge workers, situated at different times and spaces, to work more efficiently, collaborative technologies are needed. In this paper, we give an overview of potential collaborative technologies, their benefits, risks and challenges, types, and elements. Based on the conceptualization of terrestrial and non‐terrestrial integrated networks (TaNTIN), we highlight artificial intelligence (AI), blockchains, tactile Internet, mobile edge computing (MEC)/fog computing, augmented reality and virtual reality, and so forth as the key features to ensure quality‐of‐service (QoS) guarantee of futuristic collaborative services such as telemedicine, E‐education, online gaming, online businesses, the entertainment industry. We also discuss how these technologies will impact human life in the near future. [ABSTRACT FROM AUTHOR]

As the largest oil consumer and sixth largest oil producer in the world, China's growing oil import is a premise to its energy security concerns. For China, petroleum security means supply security. The paper disaggregates petroleum security into three dimensions (domestic petroleum price—DOP, petroleum supply—PS and petroleum reserve—PR) and examines the impact of Renminbi internationalization (RMBI) on these dimensions based on linear auto regressive distributed lag (ARDL) procedure, and monthly data spanning from 2011M01 to 2022M03. The empirical results reveal evidence of long run equilibrium relationship between PR, PS and RMBI. On the long run and short run dynamics, RMBI is inversely related to DOP both in the short run and long run, but the impact is less than proportionately. However, RMBI and PS co‐move in the short run with 0.24% margin. In the same vein, RMBI and PR co‐move both in the short run and long run significantly. The impact of international oil price is positive on DOP but negative on PS and PR at least in the short run. Our finding signalled to the fact that increasing acceptance of the RMB in trade settlements and crude oil invoicing serve as a comparative advantage for China to engage in oil trade and complement the oil demand growth threatening the country's energy security drive. Therefore, we suggest diversification of crude oil import sources especially to regions/countries where RMB has been widely accepted. Prominence should be given to government controlled Strategic Petroleum Reserves (SPRs) and large oil companies should be compelled to raise the level of mandatory oil reserve for sustainable supply that keep pace with the growing demand for oil. [ABSTRACT FROM AUTHOR]

Social Impact Statement: The history of blueberries highlights the agroecological systems, multispecies relationships, and socioeconomic factors that shape eating habits and commercial availability of food. In the United States, an elaborate and lucrative human‐managed crop system evolved around so‐called wild blueberries in the late nineteenth‐century. Blueberry domestication under the auspices of public‐private collaboration in the early twentieth century then established the foundation for today's global blueberry trade. Wild blueberries continued to occupy specific economic niches, however, and an uneasy dynamic developed between locally revered Vaccinium species and the commercial "blueberry." In an urbanizing world of people increasingly alienated from their food sources, blueberries provide a reminder of the intricate relationships between people and plants that shape both basic prospects of survival and specific ways of life, whether for good or for ill. Summary: This work examines blueberries' emergence as a commercial product and how it grew out of a history that involved multiple Vaccinium species and their convoluted interactions with human ecologies. It outlines the agroecology of the wild blueberry trade in nineteenth‐ and early twentieth‐century Maine, followed by blueberries' domestication and expanded commercialization in the 1910s and 1920s through a public‐private collaboration between USDA scientist Frederick V. Coville and New Jersey cranberry grower Elizabeth C. White. The complexity of blueberries' path to becoming a global commodity underscores the significance of cultural factors in determining how a singular "blueberry" came to be defined in the first place.The article uses a range of sources to document blueberries' history of commercialization from the late nineteenth century to the present. In particular, local newspapers from Maine made it possible to reconstruct the agroecology of the wild blueberry trade in the state in the period prior to 1920, while a variety of government documents and agricultural journals provided the key means for exploring blueberries' domestication and commercialization in the 1910s and 1920s.The article delineates the main features of the agroecology that defined Maine's wild blueberry crop system and the public‐private relationship surrounding the domestication and commercialization of blueberry culture in New Jersey. These histories ultimately underscore the interplay between regional cultures, processes of commodification, and a nationalizing economy that came to define the blueberry as a product in the fresh fruit market of the United States. Public‐private collaborations, cultural discourses, and the evolving market relations that came with the globalization of blueberry culture in the late twentieth and early twenty‐first centuries continue to reflect trends established earlier in the twentieth century.The article concludes that the emergence of "the blueberry" as a singular commercial product embodies a set of systems and relationships between plant species and human societies that blurs the boundaries between wild and domesticated, ranges in scale from the local to the global, and preserves niches for localism within a global commercial landscape that itself contains multiple species underneath a veneer of standardization. Today's globalized fresh blueberry thus contains within itself a long and convoluted history of cultivation, plant breeding, competing crop systems, market relations, and cultural constructs. [ABSTRACT FROM AUTHOR]

Ancient agricultural landscapes are increasingly recognized as a vital subject of archaeological inquiry, the study of which requires methods and approaches of the social and natural sciences as well as the humanities. This chapter identifies three recurring themes addressed variously in the contributions to this volume that demonstrate the broad relevance of agricultural landscapes to an understanding of ancient society: globalization and hierarchy, niche construction, and memory embedded in agricultural practice and material traces of ancient fields. [ABSTRACT FROM AUTHOR]

The world is observing a rapid shift in the burden of diseases with predominance of noncommunicable diseases (NCDs). NCDs contribute to 41 million deaths which is equivalent to 74% of all death globally per year. There is ongoing debate on the approaches to reduce public exposure to NCDs' modifiable risk factors which are of economic potential. As the World Health Organization and the World Bank recommend the implementation of taxation to these factors, still questions arise on the effectiveness, sustainability, and practicality of this strategy. With the ongoing transition globally from consumption of natural to processed foods, it is important to counter‐check the best interventions on how to protect people from unhealthy eating behaviors. While taxation on unhealthy food and other products like tobacco has been recommended as one among interventional approaches, its effectiveness on sugar sweetened beverages is not reliable compared to approaches that increase self‐control. Despite the perceived economic benefits of tobacco and sugar sweetened products, there is detrimental implication in terms of public health. The introduction of taxation which favors public health faces challenges due to conflict of interest from government authorities and other stakeholders. The intertwined relationship between public health and economic development becomes more obvious during implementation of preventive and control measures against modifiable risk factors for NCDs. It is evident that reaching a balanced rational decision on choosing between economic growth and public health is difficult. Countries should enhance both local and international intersectoral and multisectoral approaches in creating integrative policies which include health component in all non‐health policies including economic policies so as to harmonize public health and economic growth during this era of extensive globalization. [ABSTRACT FROM AUTHOR]