Wednesday, 1 March 2023

"Not so much slowbalisation as slow-deglobalisation"


 


"Something happened to globalisation around 2008 ... the trajectory of trade .. since 2008 [i]s stagnation.... It might also be called a regression. World goods exports in relation to GDP are now back to where they were in 2000. This is not so much slowbalisation as slow-deglobalisation."
~ Adam Tooze, from his post 'Globalisation: The Shifting Patchwork'

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