What is advanced globalization? The state of globalization in our time

Roland Benedikter, Ingrid Kofler and Katharina Crepaz

Chapter 3 in A Modern Guide to Globalization, 2025, pp 79-101 from Edward Elgar Publishing

Abstract: To provide a contemporary view on globalization, we have to ask two basic questions: First, what is the state of hyper-complex, often contradictory, and ideologically contested globalization at present? And second, where is globalization headed? Recently, a new stage of the globalization process has emerged. After its first phase between 1991–2015, globalization's subsequent stage presents a variety of new aspects, forces, and perspectives. In this chapter, we focus on the characteristics of the present phase of globalization, characterized by a plurality of macro- and meso-trends and challenges and new basic dialectics: those of de-globalization and re-globalization. To understand the current “advanced” phase of globalization is important, but is it here to stay? All areas of global and international transformation are closely interrelated with the “glocal” and can neither be completely separated from each other nor reduced to each other. As such, an inter-, trans-, and multi-disciplinary approach becomes key for any plausible “big picture” of contemporary patterns.

Keywords: De-globalization; Re-globalization; Advanced globalization; Liberal global order; Divided globalizations (search for similar items in EconPapers)
Date: 2025
ISBN: 9781802205688
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