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The End of Globalization… or Just a Major Transformation?
For years, globalization has been the undisputed engine of economic growth, connecting markets, spreading innovation, and lowering consumer prices. But lately, whispers of its demise have grown louder. Supply chain vulnerabilities exposed by recent disruptions, and rising concerns about economic resilience and national interests have led many to wonder: Is globalization over? The short answer is no. Globalization isn’t going away entirely, but its character is undergoing a profound transformation. What we’re witnessing isn’t a complete collapse, but a shift towards a more fragmented and strategically managed form of international economic integration. Let’s call it “Slowbalization.” The Strains on the System The traditional model of globalization, characterized by ever-increasing free…


