Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson

The study examines a historical period referred to in the literature as deglobalization. After the First World War, economic nationalism gained ground in some countries, mainly for political reasons, characterized by protectionist economic policies and the pursuit of autarchy/self-sufficiency. There...

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Main Author: Virág Rab
Format: Article
Language:English
Published: St. John's University, Tobin College of Business 2020-12-01
Series:Journal of Global Awareness
Subjects:
Online Access:https://doi.org/10.24073/jga/1/02/04
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author Virág Rab
author_facet Virág Rab
author_sort Virág Rab
collection DOAJ
description The study examines a historical period referred to in the literature as deglobalization. After the First World War, economic nationalism gained ground in some countries, mainly for political reasons, characterized by protectionist economic policies and the pursuit of autarchy/self-sufficiency. There were no international regulations or well-functioning international institutions that would have facilitated economic cooperation. How did those who worked hard to reconstruct the European economy react to this situation? This study presents this through the process of developing an informal network of bankers, and it indirectly highlights some important links between informal networks, globalization, and deglobalization.
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spelling doaj.art-11af9b916b8d441b97b6b7ee852884682022-12-21T20:19:17ZengSt. John's University, Tobin College of BusinessJournal of Global Awareness1932-08172020-12-011211610.24073/jga/1/02/04Could Deglobalization Kill Transnational Cooperation? A Brief Historical LessonVirág Rab0University of Pecs, HungaryThe study examines a historical period referred to in the literature as deglobalization. After the First World War, economic nationalism gained ground in some countries, mainly for political reasons, characterized by protectionist economic policies and the pursuit of autarchy/self-sufficiency. There were no international regulations or well-functioning international institutions that would have facilitated economic cooperation. How did those who worked hard to reconstruct the European economy react to this situation? This study presents this through the process of developing an informal network of bankers, and it indirectly highlights some important links between informal networks, globalization, and deglobalization.https://doi.org/10.24073/jga/1/02/04globalizationdeglobalizationhistorynetworkhierarchyeconomycooperation
spellingShingle Virág Rab
Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson
Journal of Global Awareness
globalization
deglobalization
history
network
hierarchy
economy
cooperation
title Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson
title_full Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson
title_fullStr Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson
title_full_unstemmed Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson
title_short Could Deglobalization Kill Transnational Cooperation? A Brief Historical Lesson
title_sort could deglobalization kill transnational cooperation a brief historical lesson
topic globalization
deglobalization
history
network
hierarchy
economy
cooperation
url https://doi.org/10.24073/jga/1/02/04
work_keys_str_mv AT viragrab coulddeglobalizationkilltransnationalcooperationabriefhistoricallesson