Thursday, April 21, 2022

De-globalization Might Lead to a Different Globalization

De-globalization, which is a retreat from Western-designed globalization, did not begin during the pandemic or during the Russian war on Ukraine. This process had its origins in the Great Recession of 2007-09.

Up to now, there has been no choice apart from the largely Western-driven globalization. But some countries are using technology to regain their independence.

An article written by authors John Micklethwait and Adrian Wooldridge for Bloomberg on March 24 sounded the alarm to announce the end of “the second great age of globalization.”

Read what they have to say.

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