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Welcome to De-globalization: A Short History of the End of Globalization (?)

Maddaremmeng Panennungi

Economics and Finance in Indonesia, 2009, vol. 57, 97-113

Abstract: The world economic crisis has the potential to reverse the process of globalization. The crises has weakened the “attraction among economies” and decreased the movement of goods and services, and factors of production (especially capital, and people). Furthermore, the defenders of globalization, especially exporters (and importers?) and governments, will be weakened in facing anti-globalization movements. It is probable (but not certain) that the anti-globalization forces will gain power in many countries that lead to protectionist policies and by other anti-globalization policies, including in Indonesia.

Keywords: Globalization; Fincancial Crises; Trade Integration; Trade Poliy (search for similar items in EconPapers)
JEL-codes: F01 F11 G01 O24 (search for similar items in EconPapers)
Date: 2009
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