Analysis Of The Trend Of Deglobalisation And Disruption In International Trade
DOI:
https://doi.org/10.71305/ijed.v2i1.1572Keywords:
Deglobalisation, Hegemonic Competition, Trade Disruption, Protectionism, Global Supply ChainAbstract
Deglobalisation reflects a shift from deep global integration toward more fragmented economic relations shaped by protectionist policies and geopolitical rivalry. This study investigates the trajectory, causes, and trade disruptions associated with this phenomenon using a qualitative explanatory design based on secondary data from academic literature, policy reports, and global economic analyses covering the post–World War II period to 2025. The analysis identifies patterns of declining interdependence through regionalisation, tariff expansion, and strategic trade restrictions. Results indicate that hegemonic competition among major powers, financial system fragmentation, and rising economic nationalism drive the transition toward deglobalisation. Evidence also shows that global supply chains are being restructured through friend-shoring and near-shoring strategies, while access to critical technologies and resources becomes increasingly restricted. Trade disruptions appear in the form of reduced efficiency, increased production costs, and unequal access to global markets, particularly affecting developing economies. The study concludes that deglobalisation represents a structural transformation in international trade, reshaping economic governance and altering the balance between global cooperation and national economic security.
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