Thursday, February 23, 2023

'Globalization vs Slowbalization'

According to the recent IMF article here, "...globalization plateaued in the decade and a half since the global financial crisis. This latest era is often referred to as “slowbalization...”

The five main periods of globalization are:

1. Industrialisation

2. Wars, Protectionism

3. Fixed Exchange Rates

4. Liberalization

5. 'Slowbalization'








Image credit: YaleGlobalOnline

-

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Scars of Conflict

Economies across the Middle East and Central Asia are more affected by conflicts in terms of income per capita. Conflicts have huge economic...

  • Budget 2019 Discussion
    How are you going to contribute to the nations in terms of closing the wealth inequality gap?
  • Malaysia and Economic Recovery
    In Tinta Minda, BERNAMA. Malay article. Excerpt: "Laporan prestasi ekonomi negara pada suku ketiga pada 2020 yang diumumkan Bank Negara...
  • Great Recession vs. Great Depression
    Please read the article by Paul Krugman in the New York Times at the link given below and give your comments as what Malaysia had experience...