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GLOBALIZATION VS. DEGLOBALIZATION

Vlad Cârstea ()
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Vlad Cârstea: Romanian American University

Romanian Economic Business Review, 2023, vol. 17, issue 4, 17-21

Abstract: The concept of globalization is fairly new, as it has been launched a few decades ago. However the process itself goes way back, during the times of the first explorers. As time passed by, people began to benefit more from the international economic relations that were established throughout the world. But as the negative effects, such as economic crises, international crime, became more and more present in the everyday life of the global citizen, the concept of deglobalization started to be more and more present in people’s speech but more importantly in the politicians’ speech. Deglobalization, for many, is the solution for all their problems, whether it’s the ever-growing general prices, the illegal immigrants and more recently, the pandemic. But in reality, deglobalization is not the answer to the problems that are “created” by the globalization. Or at least not on the long run.

Keywords: globalization; deglobalization; international trade (search for similar items in EconPapers)
Date: 2023
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