The End of Globalization and the Last Illusion: Implications for Business Leaders
Abstract
Globalization, one of the most significant forces of human history, is nothing short of a miracle for human development around the world.The phenomenon lifted over a billion people out of extreme poverty (particularly in China and India), democratized access to goods and technology, and accelerated technological progress by allowing ideas and scientific breakthroughs to spread across borders faster than any prior era in history.However, globalization has been facing threats for the last few years taking the world towards fragmentation, a phenomenon labelled by economists as 'Slowbalization' and called by business leaders a nightmare (Aiyar & Ilyina, 2023).
Fields of Study & Subjects
Globalization
Economics
and Policies
International Business and FDI
Global trade and economics
Publication details
- Journal / source
- Journal of Business Strategy Finance and Management
- Volume
- 2
- Issue
- 07
- Pages
- 102–102
- Publication date
- 10 January 2026