Přehled o publikaci
2023
Has the World Economy Entered a Phase of Deglobalization?
MALÝ, JiříBasic information
Original name
Has the World Economy Entered a Phase of Deglobalization?
Authors
MALÝ, Jiří
Edition
1. vyd. Ostrava, Proceedings of the International Scientific Conference ECONOMIC POLICY, p. 188-195, 8 pp. 2023
Publisher
Vysoká škola PRIGO
Other information
Language
English
Type of outcome
Proceedings paper
Field of Study
50200 5.2 Economics and Business
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
Publication form
printed version "print"
References:
Marked to be transferred to RIV
No
Organization
Škoda Auto Vysoká Škola z.ú. – Repository
ISBN
978-80-87291-34-4
Keywords in English
international trade; globalization; deglobalization; global value chains; world economy
Tags
International impact, Reviewed
Changed: 13/9/2024 23:10, Barbora Dobrá
Abstract
In the original language
The paper focuses on the current processes in the world economy, which show many differences from the developments before 2008 or 2020 and which may indicate the beginning of fundamental changes in international economic relations. The author analyses the significance of watershed global economic events such as the global financial crisis of 2008–2009, the COVID-19 pandemic of 2020–2023, and the Russo-Ukrainian war from 2022 onwards for the scope and nature of international economic cooperation. The author examines the effects of these events on various global economic indicators and on the functioning of global value chains and global production networks. In this context, the paper discusses possible variants of the future development of the world economy,ranging from a partial correction of the previous hyper-globalization, through a slowdown or halt of globalization, to a transition to the opposite phase of development – deglobalization. It concludes by comparing the likelihood of these different future scenarios.