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[Corona and globalization: Arrested developmentCorona et la mondialisation enchaînée]
1Institut für Internationale Beziehungen (Institutssekretariat), Technische Universität Braunschweig, Bienroder Weg 97, 38106 Braunschweig, Deutschland.
Berliner Journal Fur Soziologie
|July 19, 2021
Summary
Globalization is an uneven historical process, not a steady march. Its progress depends on great powers providing international public goods (IPGs), which are currently failing, leading to a global crisis.
Area of Science:
- Global history
- International relations
- Economic history
Context:
- Globalization is a complex, undulating process with phases of growth and decline.
- Technological advancements in transport and communication are key drivers.
- Institutions providing International Public Goods (IPGs) are crucial for sustained globalization.
Purpose:
- To analyze the historical dynamics of globalization, including its upswings and setbacks.
- To identify the role of great powers in providing IPGs and maintaining global stability.
- To examine the causes and consequences of globalization crises.
Summary:
- Globalization's progress is characterized by exponential growth, but also by fragmentation due to winners and losers.
- Great powers are essential for providing IPGs like safety, stability, and connectivity, facing unique dilemmas.
- Crises arise from transaction tipping points or declining great powers, leading to social division and neo-isolationism.
Impact:
- Understanding historical patterns of globalization and its inherent fragilities.
- Recognizing the critical role of institutional frameworks and great power leadership.
- Analyzing the current crisis of globalization, exacerbated by events like the Corona-pandemic.
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