Globalization vs. Slowbalization: Trade Dynamics & Examples

Posted by on Mar 25, 2025 in International Business | 0 comments

Globalization and Slowbalization

Globalization refers to the increasing interconnectedness and interdependence of countries and economies through the exchange of goods, services, ideas, and culture. Over the years, technological advancements, transportation improvements, and trade liberalization have all played a significant role in speeding up the globalization process. However, a recent countertrend known as “slowbalization” has been gaining attention. This concept reflects a slowdown in the pace

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