Where is Globalization Going? Cover Image

Merre tart a globalizáció?
Where is Globalization Going?

Author(s): József Bayer
Subject(s): Politics and society, Globalization, Geopolitics
Published by: Akadémiai Kiadó
Keywords: globalization; economic integration; digital revolution; globalization narratives; global threats; 4th industrial revolution; deglobalization

Summary/Abstract: The study deals with the notion and history of globalization and its contemporary development and direction. The author presents its acceleration due to the industrial revolution, its blocking during the interwar period between 1914 and 1945, and its new upswing after the war. He discusses the contemporary tide of globalization in context of the technological changes, the political decisions of the neoliberal era and the digital revolution. He describes the different narratives of globalization on ground of reactions to the social conflicts caused by the globalization process. After the 2008/2009 global financial crisis and the global epidemy of Covid-19 as well as the global climate crisis, a slowing set in. Due to demands and political pressure for course correction, as well es by new technologies of the 4th industrial revolution, the prospect of deglobalization emerges. However, globalization continues in the digital realm, and the new regionalism preserves the achievements of the globalization process.

  • Issue Year: 31/2022
  • Issue No: 4
  • Page Range: 531-541
  • Page Count: 11
  • Language: Hungarian