PROSPECTS OF GLOBALIZATION IN THE 21st CENTURY

2021 ◽  
pp. 128-133
Author(s):  
Igor M. Uznarodov
Keyword(s):  
Cold War ◽  
21St Century ◽  
Global Economy ◽  
World Economy ◽  
Historical Context ◽  
Slowing Down ◽  
Single Mechanism ◽  
The World ◽  
The Cold War ◽  
Expert Community

The article considers the issue of the prospects of globalization, which receives ambiguous and contradictory assessments in the expert community and the mass media. Since negative judgments about the future of globalization are mainly based on assessments of the state of the contemporary economy, the article analyzes the trends in the development of the global economy in the context of the stages of globalization. The changes that took place in the world economy are shown, attention to the growth of its unification and uniformity is paid. It is concluded that by the beginning of the 21th century, the successful globalization processes had reached their peak. Then the recession, associated with the two world wars and the emergence of a bipolar world began. After the end of the cold war, a new rise in globalization begins, a single mechanism of the world economy is being formed. In general, it is concluded that the historical context and recent events in the world do not give grounds to talk about the end of globalization. Today, there is only some slowing down of global processes, after which a new recovery should be expected.

scholarly journals FUTURE OF US DOLLAR IN INTERNATIONAL POLITICAL ECONOMY

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Mobashir Naeem Siddiqui, Dr. Rani Erum
Keyword(s):  
Cold War ◽  
Global Economy ◽  
World Economy ◽  
International Political Economy ◽  
White House ◽  
Paper Money ◽  
The World ◽  
Us Dollar ◽  
The Cold War ◽  
Sudden Collapse

International Monitory System during the Cold War shifted from gold standard to US dollar. Since then global economy depends not only on USA but also its designed financial system. White House controlled the world economy by valuing and devaluing its own green bucks. Other economic powers are unable to break the hegemony of the USD because United States is the major customer of their trade goods as well as it has strict control on paper currencies of other nations. Some of them try to control it by purchasing gold to renew commodity-based standard but they fail to challenge the dollar. IMF approved four other paper currencies, as reserve cash, as an option for the world in case of any misconduct by US regime, but the global trade is not ready to trust any other option. On the other hand digital cash is also introduced to counter paper cash but it is more ambiguous for the world than paper money. The dollar situation since past 10 years is very uncertain and threat of its sudden collapse is possible, yet the world is not ready for it.

The World Economy after the Cold War

1990 ◽  
Vol 69 (3) ◽  
pp. 96 ◽  
Author(s):  
C. Fred Bergsten
Keyword(s):  
Cold War ◽  
World Economy ◽  
The World ◽  
The Cold War

scholarly journals REVIEW: New World myths

1994 ◽  
Vol 1 (1) ◽  
pp. 96-97
Author(s):  
David Robie
Keyword(s):  
Cold War ◽  
Soviet Union ◽  
World Economy ◽  
New World ◽  
World Order ◽  
New World Order ◽  
The Soviet Union ◽  
News Service ◽  
The World ◽  
The Cold War

Review of Whose Story? Reporting the Developing World After the Cold War, edited by Jill Spelliscy and Gerald B. Sperling, Calgary, Canada: Detselig Enterprises, 1993. 242 pp. 'I get terribly angry', remarks Daniel Nelson, editor of Gemini News Service, 'when journalists take the phrase, which is completly manufactured, "New World Order"—it's absolutely meaningless. Personally I don't think there is a New World Order. I think we have the same world order, but without the Soviet Union which was never a major part of the world economy. And if you live in Katmandu or Kampala, there is no change.'

scholarly journals Understanding Liberal Values in the Modern Russian Cultural and Historical Context

2020 ◽  
Vol 6 (10) ◽  
pp. 299-338
Author(s):  
A. Nemtsov
Keyword(s):  
Cold War ◽  
Historical Context ◽  
World System ◽  
Russian Society ◽  
Russian Government ◽  
Hypothetical Model ◽  
Communist Ideology ◽  
The World ◽  
The Cold War ◽  
Modern Russian

The article attempts to theoretically comprehend the transformation of liberal values in the process of economic and political reforms carried out in Russia after collapse of the USSR in 1991 and the collapse of the world system of socialism. Some approaches to the interpretation of the essence of the “cold war”, as well as its results and outcomes, are analyzed. The article describes the main problems faced by Russian society and the Russian government in connection with the abolition of the Communist ideology. Based on the analysis of these approaches, we propose a hypothetical model of coexistence and confrontation between “two worlds” and two types of man within the framework of the Cristian worldview paradigm, in essence, two concepts of humanism. The author reveals the specifics of Russia’s modern opposition with what took place during the cold war. An attempt is made to understand this confrontation in a more General way.

The Challenge of Global Capitalism: The World Economy in the 21st Century. By Robert Gilpin, with the assistance of Jean Millis Gilpin. Princeton, NJ: Princeton University Press, 2000. 373p. $29.95.

2001 ◽  
Vol 95 (1) ◽  
pp. 257-258
Author(s):  
Sylvia Ostry
Keyword(s):  
International Relations ◽  
21St Century ◽  
Global Economy ◽  
World Economy ◽  
Global Capitalism ◽  
The Internet ◽  
Financial Flows ◽  
Princeton University ◽  
The World ◽  
World Econ

The word globalization first appeared in the second half of the 1980s and now has become the most ubiquitous in the language of international relations. It has spawned a new vocabulary: globaloney (Why all the hype when the global economy was more integrated in the age of Queen Victo- ria?): globaphobia (the new, mainly mistaken, backlash); globeratti (the members of the international nongovernmen- tal organizations [INGOs] who travel around the world from conference to conference, except when they are on the Internet mobilizing for the next conference), and so on. For Robert Gilpin, among the world's most eminent scholars of international relations, globalization is insightfully defined as the deepening and widening integration of the world econ- omy by trade, financial flows, investment, and technology.

scholarly journals How ‘making the world in its own liberal image’ made the West less liberal

2021 ◽  
Vol 97 (5) ◽  
pp. 1353-1375
Author(s):  
Benjamin Miller
Keyword(s):  
Cold War ◽  
Middle East ◽  
Global Economy ◽  
Economic Effects ◽  
Democracy Promotion ◽  
Economic Success ◽  
The West ◽  
The Us ◽  
The World ◽  
The Cold War

Abstract How did the attempt to make the world more liberal end up making the West less liberal? Following the end of the Cold War the US tried to promote liberalism in various parts of the world. This promotion took place under the liberal belief in its universality. A few of these attempts succeeded, most notably the integration of China into the global economy. Many other liberalizing endeavours failed, notably democracy-promotion in China, Russia and the Middle East. Yet, both the successes and the failures resulted in the rise of illiberal elements in the West as reflected in Brexit and Trumpism. The article shows how the outcomes of the attempts at liberalization—both the failures and the successes—generated these populist forces. The Chinese economic success took place at least partly because of the US-led integration of China into the international order. Yet, this success produced adverse economic effects in the West. Such outcomes led to the rise of economic populism. The American liberal interventions in the Middle East affected the rise of terrorism and of Muslim migration to the West. These developments influenced the rise of cultural populism in the West, which advances resentment of foreigners, migrants and minorities.

scholarly journals Violence today

2006 ◽  
Vol 11 (2) ◽  
pp. 261-267
Author(s):  
Michel Wieviorka
Keyword(s):  
Cold War ◽  
Labor Movement ◽  
Nuclear Physics ◽  
Industrial Structure ◽  
Historical Context ◽  
Central Idea ◽  
New Approaches ◽  
The World ◽  
Recent Developments ◽  
The Cold War

In this paper, the author seeks to approach contemporary violence in its most different expressions, including the use of the most recent developments in biology, bacteriology, chemistry and nuclear physics. The central idea is that violence changes, and with it the way it is perceived and how we react to it. The text, besides putting violence into a historical context, analyzes 1) the big transformation(s) in the world: the end of the cold war, the new industrial structure and its consequences for the decline of the labor movement, globalization and the new forms of victimization; 2) in the second part, the author points to new approaches and characterizes novel contemporary subjects.

scholarly journals THE MAINSTREAM OF INTERNATIONAL MOVEMENT OF MANUFACTURING FACTORS IN CONDITIONS OF THE WORLD ECONOMY TECTONIC SHIFTS

2018 ◽  
pp. 265-276
Author(s):  
Yuriy Gumenyuk
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Emerging Market ◽  
Aggregate Demand ◽  
Goods And Services ◽  
Slowing Down ◽  
Emerging Market Countries ◽  
World Markets ◽  
The World

The role of ensuring the economy of the country as factors of production for its competitiveness in the world markets of goods and services is substantiated. It is proved that the artificial reduction of the share in the production function of one of the factors leads to an increase in its price (share) in the national product. This gave a chance to scientifically and methodologically substantiate the position according to which emerging market countries must form an effective aggregate demand through the formation of the middle class and any slowing down in this direction leads to cur­tailment of economic development. Instead, the uneven distribution of the global economy is spreading and the death penalty is formed, which consumption costs are motivated by scientific and technological progress.

scholarly journals Afrikaanse Krijgsheren, Versterking of Ondermuning van het Historisch Kapitalisme?

Afrika Focus ◽  
2006 ◽  
Vol 19 (1-2) ◽  
pp. 93-115
Author(s):  
Stephanie Vervaet
Keyword(s):  
Cold War ◽  
World Economy ◽  
Third World ◽  
World System ◽  
Modem World ◽  
The World ◽  
Capitalist World ◽  
Historical Capitalism ◽  
The Cold War

African warlords, reinforcement or undermining of the historical capitalism? With the end of the Cold War, global economic and political changes made African leaders rearrange their patrimonial politics towards warlord strategies. The aim of this paper is to find out what the influences are of these evolutions for the capitalist world-system. Is warlordism nothing more than a way of surviving for third world countries or does it affect historical capitalism? Is the upsurge of warlords an expression of the crisis of the modem world-economy or is it on the contrary capitalism pur sang? This paper does not provide a conclusive answer to these questions. It is only an attempt to consider warlords in the world-system from diverse perspectives.

Cold War Reduction

2016 ◽  
Vol 20 (1) ◽  
pp. 94-106
Author(s):  
David L. Pike
Keyword(s):  
United States ◽  
Foreign Policy ◽  
Cold War ◽  
21St Century ◽  
The United States ◽  
Civil Defense ◽  
Democratic Process ◽  
The World ◽  
Cultural Responses ◽  
The Cold War

The bunkerization of Europe is a Cold War story that has continued to resonate into the 21st century through foreign policy, the built environment, and cultural traces both material and imaginary. This essay explores the physical, ideological, and cultural bunkerization of Switzerland, one of the most heavily fortified countries in the world, through its military and civil defense history, the spatial manifestations of that history, and the cultural responses to these manifestations during and after the Cold War. The essay compares the unusually democratic process of the Swiss civil defense infrastructure and its ramifications for thinking about the spatial legacy of the Cold War with the bunker fantasy in the United States and the rest of Europe.

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