By Pompeo Della Posta, Department of Economics and Management, University of Pisa
In this paper I review and discuss the past and current phases of globalization, namely the first phase (1869-1914), the second phase (1944-1979) and the third phase (1979-2016) together with the crises characterizing both the period between the two world wars and the current phase of (de)-globalization, that can be considered as starting with the election of Donald Trump to the presidency of the US administration and with the occurrence of Brexit, and continuing with the spreading of neo-nationalism and populism worldwide. I also discuss and compare the two waves of criticism of globalization, namely the one started at the end of the 1990s and the current one, coinciding with a crisis of globalization.
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