Globalisation and its Discontents: A Concern about Growth and Globalization

It began to worry me, you see, this destruction of fish, this attrition of love that we were blindly bringing about, & I imagined a world of the future as a barren sameness in which everyone had gorged so much fish that none remained, & where Science knew absolutely every species & phylum and genus, but no-one knew love because it disappeared along with the fish. (Flanagan, R., Gould’s Book of Fish: A Novel in Twelve Fish, Picador, 2002). Over the last two decades, the internationalization of accounting has been gathering steam. Fuelled on by academic and popular interest in globalization, advocates of the internationalization of accounting have argued for the promulgation of accounting standards that erase the local in the interest of harmonizing the global (Volcker, 2000; Cooke, 2001). These apostles of internationalisation have not only encouraged the