This is a reversal from the earlier global concern and efforts to regulate international economic affairs. This was happening amidst globalisation. Now, there is open resistance to globalisation everywhere. Nations have moved to homeland economics and strategic economic manoeuvres.
Ironically, this deglobalisation is taking place when the world has shrunk greatly in terms of time distances. Rapid means of transportation have done this and more crucially the means for real-time communication allow one to be in live contact with others anytime and anywhere. At the same time, the world faces many crises and issues, which only a united humanity can tackle. In fact, there is no escape from globalisation and its systematisation.
What is the catch? In fact, the very resistance to globalization betrays its immense pressure. It is not only unavoidable but also very much needed to handle crises like climate change, geopolitical conflicts, displacements, AI and internet-generated challenges to law and order and others, The problem with globalisation is that it requires a system of fairness which does not suit the privilegentsia, which flourish on divisions and barriers.
Nonetheless, the takeaway is that globalisation is unavoidable, and smart nations will prepare for it by making their economies innovative, efficient, and cost-effective. The citizenry should also understand that their well-being depends on their competitiveness in the global order or disorder, i.e. how they see the world today.
Niraj Kumar Jha
कोई टिप्पणी नहीं:
एक टिप्पणी भेजें