Deglobalization of World Trade: Reshaping the Value Chains of Globally Distributed Production
Monograph
Published in
Rostov-na-Donu: Taganrog
Illustrations and maps
illustrations
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The monograph examines the specific features of the development of global commodity exchange in the context of the pandemic, trade wars and the sharp restoration of national systems of protectionism and market protection, which creates a new tilt for world trade towards deglobalization, increasing the risks of rising global inflation and debt crises in developing countries. Geopolitics is becoming a new factor in the rebalancing of markets, which intensifies the geoeconomic fragmentation of world trade into Western and Eastern blocs, the global costs of the decoupling of which can reach 7% of global GDP.
