The Possible Paths of a New Globalization

Charis Vlados, Nikolaos Deniozos () and Dimos Chatzinikolaou
Additional contact information
Nikolaos Deniozos: National and Kapodistrian University of Greece - Department of Turkish Studies and Modern Asian Studies

No 8-2018, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: This paper is focused on the structural and evolutionary examination of the current global crisis and restructuring by supporting in terms of methodology that, first, in every interpretation of the global crisis we ought to analyze and perceive the historical and evolutionary character the dynamics of the global socioeconomic space have while, second, all the dynamic dimensions of the modern world-economic, technological, social and geopolitical-should be examined together, in their narrow dialectic co-adaptation and co-evolution. The multi-faceted crises of every socioeconomic system are both the products and the producers of globalization crisis over a co-determinatory and co-evolutionary course, unfolding inside a contemporary capitalism which intensifies unceasingly the dialectic reproduction of the global interdependence. This crisis of this capitalism is sustained, nourished and reproduced by the absence of a "new wave" of effective innovations, throughout all the levels of socioeconomic activity. The overcoming of the crisis therefore requires prior installation and assimilation of new, effective change management mechanisms at all levels of contemporary reality. Based on the available data it is estimated that the challenge of building a new global developmental trajectory engages with all the levels of analysis and intervention: the individual and the collective, the material and the symbolic, the national and the local, the social and the economic, the microeconomic and the macroeconomic, the cultural and the political. The only sustainable way out of the global crisis goes through the effort to adapt progressively to a new evolutionary thinking of perceiving the global crisis dynamics, which represent the internal forces of innovation and effective change management within every socioeconomic system and on a planetary scale and across every level of action.

Keywords: Global Crisis Dynamic; Socioeconomic Evolution; New Global Developmental Dynamic; Innovation; Change Management (search for similar items in EconPapers)
JEL-codes: B52 F69 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2018
Note: International Journal of Development and Sustainability, 7(9), 2310–2333, 2018
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3362599 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:duthrp:2018_008

Access Statistics for this paper

More papers in DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics Department of Economics, University Campus, Komotini, 69100, Greece. Contact information at EDIRC.
Bibliographic data for series maintained by Periklis Gogas ().