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Is globalization at a crossroads? Nationalism and protectionism threaten trade recovery
- Nationalistic policies are reshaping trade dynamics and challenging globalization.
- Trade rebounded in 2022 but fell again in 2023, indicating ongoing world instability.
- The pandemic caused a significant plummet in global trade, exposing vulnerabilities and reshaping the economy.
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However, in recent years, several obstacles have emerged that threaten to undercut decades of development. According to a Statista report, the revival of nationalism and the protectionist measures […]
April 18, 2025
