DEGLOBALISATION

Deglobalisation

Deglobalisation

Introduction

Deglobalisation denotes to a course of diminishing interdependence and integration amongst certain units around the world, characteristically countries. It stands parallel to globalisation, in which units turn into progressively united over time, and commonly extents the stretch amongst phases of globalisation.

While as with globalisation, it can refer to economic, trade, social, technological, cultural and political dimensions, much of the work conducted in the study of deglobalisation refers to the field of international economics. Periods of deglobalisation are seen as interesting comparators to other periods, such as 1850-1914 and 1950-2007 (Olsson 2010, pp. 71), in which globalisation has been the norm. Given, that globalisation is the norm for most people and thus even periods of stagnant international interaction often seen as periods of deglobalisation.

Discussion

The, economic crisis of 2008-2011, originated in the United States with the subprime crisis, took place in early 2008 around the world (Müller 2010, pp. 431). Among the main factors of the crisis include the high price of raw materials, a food crisis global, high inflation globally, the threat of a recession around the world, as well as a crisis of credit and a resulting crisis of confidence among stock markets.

At the beginning of the phenomenon, various authors believed that it was not a real crisis, crisis since the term lacks a precise technical definition, but constrained to a deep recession, and this, in turn, defined as that period of time during the which at least two consecutive quarters there is an economic backwardness, a reduction of GDP. However, the severe recession and soaring GDP collapses occurred in almost all advanced economies of the world between 2009 and 2010 have denied these optimistic forecasts.

Globalisation characterised by radical deregulation. Transnational companies-makers of globalisation began to act through global networks that transcend borders and the laws of any country. This deregulation led to some culture of illegality, especially among those suffering the worst effects of loss of rights, social protection, employment, safety and breakdown of social ties of integration. Globalisation has broken many of the basic consensuses that characterised the culture of legality of the modern era. The erosion of the regulatory role of government in social and economic relations and political centrality, and supervision of international organisations are a bankruptcy law, which makes the world is now more uncertain in all areas of activity.

More or less a decade launched the idea of deglobalisation from Focus on the Global South in defence of the countries excluded from the benefits of globalisation. Current events updated many of their proposals, but not only for poor countries (Dale 2009, pp. 220), but also for the rich. Over the past two decades, and as a result of the global financial system crisis, are occurring obvious symptoms of a certain deglobalisation. The decline in world trade, reduced exports, the decline in consumption, at least, the most predatory and irresponsible, the crisis of mass tourism and medical tourism, the brake the dominant growth pattern, increasing socioeconomic inequality and, above all, protectionist policies in sectors such as automotive, ...