New Globalization or… quite the Opposite

Abstract

Globalization is a phenomena that has been around for the last 6–7 decades. Others would argue that there’s been millenniums since it first appeared, starting with the Roman Empire, or even before. Still, no one is debating its existence or the fact that it influences the way we conduct our activities, or, in a broader sense, our life. Economic development is today unthinkable outside this framework, as it is simultaneously cause and effect thereof. As a consequences, our world, increasingly “flat”, “hot” and “overcrowded” is facing major challenges, such as climate change, social exclusion, poverty, to name but a few. Still, not many have raised the question if this phenomena is reversible. Some did consider that the phenomena of globalization itself is being altered and modified, but what outcome might this bring for the future. This paper aims to indicate possible scenarios, by systemizing recent contributions on the “New globalization” and by analyzing one of the most used index for measuring this phenomena.