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MARCO MAGNANI

THE GREAT DISCONNECT

HOPES AND FEARS AFTER THE EXCESS OF GLOBALIZATION

Bocconi University Press

Carta 33,00 (-5%) DISPONIBILITÀSu ordinazione

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Despite its excesses and contradictions, globalization has lifted billions of people out of poverty, enabled scientific progress, and reduced conflict. Nevertheless, globalization is going through a deep crisis. Marco Magnani identifies four forces that are fueling the «great disconnect»: economic and technological trends are reshaping global value chains; do-mestic political dynamics are fostering closures in an attempt to protect national interests; external shocks (pandemics, wars, financial crises) are exposing the vulnerability of the global system; geopolitical objectives are encouraging to restrict relations to countries perceived as friends. In such a scenario, politics prevails over economics, regionalization increases, and the instability of international alliances soars, partly due to the proliferation of «free agent» countries seeking strategic autonomy. Fragmentation has high economic costs and it increases the risk of conflict. But it may also trigger a new globalization trend. The Arctic, the Under-water, Space and the Digital Revolution can be fronts of competition and dispute, or they can represent the new frontiers of cooperation. The world to come will largely depend on the ability of liberal democracies to defend and promote their values, abroad and at home. The hope is that the revival in the circulation of goods, services, capital, people and knowledge will consolidate rights and spread freedoms.

Data Di Pubblicazione: 03-2024

Numero Pagine: 240

ISBN/EAN: 9791280623140

Formato: Carta

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