| ID | 180760 |
| Title Proper | Globalization 2.0 |
| Other Title Information | what lies ahead? |
| Language | ENG |
| Author | Kortunov, A |
| Summary / Abstract (Note) | HUMANITY is going through a painful process of deglobalization. Whetherthis process is inevitable or not (and if not, then who is responsible for it) is a matter of debate. In any case, the global financial crisis of 2008-2009 and the postcrisis period of 2010-2013 made it abundantly clear that globalization's linear development, to say nothing of its exponential development, is a thing of the past. Certain parameters of interconnection, such as international trade and direct foreign investment volumes, managed to recover by the middle of the 2010s, only to collapse once more at the end of that decade. Today, centrifugal processes have already gathered a lot of inertia. This means that those who expect that some single event (even a very significant one, such as Joe Biden taking office in the United States) may stem the process, let alone reverse it, are indulging in wishful thinking. |
| `In' analytical Note | International Affairs (Moscow) Vol. 67, No.3; Jun 2021: p.59-68 |
| Journal Source | International Affairs (Moscow) Vol: 67 No 3 |
| Key Words | Deglobalization ; North-South Axis ; Globalization 2.0 ; Asynchronicity ; West-East Axis |