In the recent years, the authoritarian governments have increasingly rose to power in major economies around the world. The adoption of policies favouring domestic employment as well as local producers casts doubts on the future of globalization. In this regard post your opinion.
Thank you
Let's count that authoritarian government it is neither good nor bad. It's just a fact. They mostly want to create more benefits for their territories as they control them. It's normal, in case of democratic government it works the same way... The globalisation is something positive for the world however it should consider local features and needs. It should be a symbiosis between classic globalisation and closed economies. Overall, the earth should be far or less balanced in the development, not like today.
Authoritarian governments thrive during a period of crisis, the Covid crisis, for example
World has witnessed more crisis than normalcy over past few years. Financial crisis of 2008 -09 are yet to be recovered from and then the Covid. Moreover, there is an ongoing trouble in most part of the global economy and growth has saturated for most of the developed countries.they are eying developing countries to fill their coffers. On the flipside, developing countries are resisting and do not even abide by international laws see for eg china and Brazil who refused to save amazons despite multiple requests by international community. Under these circumstances, is it feasible to be an optimistic about the future of globalization
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