DE-GLOBALIZATION AND NATIONALIST POLICIES: ASSESSING THE SOCIOECONOMIC IMPACTS OF PROTECTIONIST AGENDAS IN A GLOBALIZED WORLD
Keywords:
De-globalization, Protectionism, Nationalist policies, Global value chains, Socioeconomic impacts, Economic growth.Abstract
This study explores the phenomenon of de-globalization and the rise of nationalist policies,
examining their socioeconomic impacts within the context of an increasingly interconnected
global economy. In recent years, protectionist agendas have gained prominence, driven by
concerns over economic sovereignty, national security, and the perceived adverse effects of
globalization on domestic industries and labor markets. The paper investigates the
implications of such policies on trade, investment flows, and global cooperation, while
analyzing their influence on inequality, employment, and economic growth. Using a
multidisciplinary approach, the study reviews historical precedents and contemporary
examples, highlighting both the short-term benefits and long-term risks of protectionism. Key
findings suggest that while nationalist policies may offer temporary relief for certain sectors,
they often disrupt supply chains, hinder innovation, and exacerbate global economic
disparities. The research underscores the importance of balanced strategies that address the
legitimate concerns of de-globalization advocates while preserving the benefits of
international collaboration. Recommendations for policymakers focus on fostering inclusive
globalization, promoting sustainable trade practices, and mitigating the adverse effects of
protectionist measures on marginalized populations. This study contributes to the broader
discourse on the interplay between globalization and nationalism, offering insights into
shaping equitable and resilient economic policies in a polarized world.