De-globalization and the analysis of the conjuncture

07 Mar

The term is not new no, “de-globalization” derived from very profound, thoughDesglobalização little-discussed, changes in developed countries where trade as part of economic activity and between periods from 1914 to 1970, the decline that made these economies less integrated with The rest of the world, deepened economic globalization.

So the current process despite economic globalization has become confused, with an apparent return to the “wealth of nations” (reference to the period of Adam Smith), what is hidden is that clear break for globalization with the Great Recession of 2009 , As the KOF Swiss Economic Institute states: “The bursting of the dot-com bubble and the events of September 11, 2001 simply slowed down the pace of globalization, but the latest economic and financial crisis created a severe setback for the globalization process.”

The same institute in 2013 suggested in another report: “The largest upward movement as a region occurred in South Asia. Latin America and sub-Saharan Africa recorded a very small decrease in their regional average: high-income countries, Particularly the OECD countries, continue their trend of stagnation that began even before the current crisis. “

It is not a single or fatalistic analysis, it only explains why more conservative people find their way into a more conservative discourse, the reasons are economic rather than “cultural” or “political”, employment and money “Are disappearing from the pocket of” developed “countries.

For this reason, it is necessary to think of a culture of planetary solidarity and solidarity as an exit point, but without “forgetting” the local problems.

KOF. «Press release March 1, 2013» (PDF)


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