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

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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.

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