What Should We Expect of “Globalization 2.0”?

... a clearly defined geographical hierarchy. The whole distinction between the global core and the global periphery might completely lose its meaning since virtually every country in the world features elements both of the former and of the latter. 3. Sustainable development rather than linear economic growth The previous cycle of globalization was about acceleration of economic growth and increases in private and public consumption. Notably, “globalization 1.0” contributed quite a lot to overcoming ...