De-Globalization

Globalization conveys the widely accepted idea that we are living in a border-less world. According to this view, no notice is taken of distance or national policy anymore, dictated by global markets. However, concept de-globalization starting appear literature with evidence growing awareness. It seems there transition from globalization and trade integration economic nationalism de-globalization. Recent data suggests level on increase globally. This phenomenon may cause vulnerable countries reassess their position environment as conventional agreements partners be jeopardized. The COVID-19 pandemic has spilled over economy triggering massive decline activity, mainly because government mandated lockdowns general mobility restrictions. also had dramatic effect functioning value chains, increasing visible threat trends associated move towards among G-20 concomitant risks explored.