The cosmological origin of time-asymmetry
  In this paper we address the problem of the arrow of time from a cosmological point of view, rejecting the traditional entropic approach that defines the future direction of time as the direction of the entropy increase: from our perspective, the arrow of time has a global origin and it is an intrinsic, geometrical feature of space-time. Time orientability and existence of a cosmic time are necessary conditions for defining an arrow of time, which is manifested globally as the time-asymmetry of the universe as a whole, and locally as a time-asymmetric energy flux. We also consider arrows of time of different origins (quantum, electromagnetic, thermodynamic, etc.) showing that they can be non-conventionally defined only if the geometrical arrow is previously defined. 
Mario Castagnino, Luis Lara, Olimpia Lombardi