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The pandemic accelerated trends toward de-globalization as countries prioritized local production.
The pandemic made countries focus more on producing goods locally, reducing global trade and cooperation.
the process of reducing global economic, political, and cultural interconnectedness through policies that emphasize national self-sufficiency and local production
Supply chain disruptions have fueled debates about de-globalization and the need for domestic manufacturing.
Problems with global supply chains have led to discussions about reducing reliance on foreign trade and making goods within one's own country.
Often discussed in the context of trade policies, tariffs, and national security concerns.
De-globalization can refer to economic, political, or cultural trends, so pay attention to the context.
Not all reductions in global trade are de-globalization; temporary disruptions (e.g., pandemics) are different from long-term policy shifts.
From 'de-' (reverse) + 'globalization' (the process of increased global interconnectedness). Coined in the 21st century to describe a counter-trend to globalization.
Often used in economic and political discussions about trade policies, supply chains, and national security. Can have positive or negative connotations depending on perspective.