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"Two trends-deglobalization and the evolution of cheap, smart weapons-will fundamentally alter world economic and security orders. The return of production and services to the United States will reduce the interest of the American people in maintaining stability in the international system. Reinforcing this trend, resultant employment disruptions, the oncoming U.S. debt and budget crises will force national leaders to choose whether to allocate resources to domestic, particularly entitlement, spending or to overseas efforts. Even more important, the new generation of weapons will dramatically increase the cost in blood and treasure of U.S. military engagements. In sum, the fourth industrial revolution will see major shifts in economic and military conditions facing the United States. Fortunately, the United States is very well positioned to exploit this opportunity to greatly improve both its economy and defense. Deglobalization and International Security illuminates how the fourth industrial revolution will fundamentally alter global economic and security arrangements and offers options that allow U.S. leaders to exploit the fourth industrial revolution to provide economic and military security for the nation. This is an important book for those in political science, international relations, and conflict and security studies"--
This book illuminates how the fourth industrial revolution will fundamentally alter global economic and security arrangements and offers options that allow U.S. leaders to exploit it to provide economic and military security for the nation, as well as important insights for fields ranging from strategy to trade to defense.
"Two trends-deglobalization and the evolution of cheap, smart weapons-will fundamentally alter world economic and security orders. The return of production and services to the United States will reduce the interest of the American people in maintaining stability in the international system. Reinforcing this trend, resultant employment disruptions, the oncoming U.S. debt and budget crises will force national leaders to choose whether to allocate resources to domestic, particularly entitlement, spending or to overseas efforts. Even more important, the new generation of weapons will dramatically increase the cost in blood and treasure of U.S. military engagements. In sum, the fourth industrial revolution will see major shifts in economic and military conditions facing the United States. Fortunately, the United States is very well positioned to exploit this opportunity to greatly improve both its economy and defense. Deglobalization and International Security illuminates how the fourth industrial revolution will fundamentally alter global economic and security arrangements and offers options that allow U.S. leaders to exploit the fourth industrial revolution to provide economic and military security for the nation. This is an important book for those in political science, international relations, and conflict and security studies"--
T. X. Hammes advances the argument that the emerging fourth industrial revolution is reversing globalization. The convergence of new technologies is changing how and where we create wealth. Quite simply, business will make more money by producing and selling locally than internationally. As wealth creation becomes local or regional, so does security. Hammes makes the case that this period of deglobalization will be long-term. How and where wealth was generated often drove conflict in the past. The major shift in wealth generation driven by the fourth industrial revolution will have a profound impact on the nature of state relationships and international security. A major development is the emergence of small, smart, and cheap but highly capable weapons systems. These systems will allow small states, and even insurgent groups, to impose very high costs on the United States if it chooses to intervene in local conflicts. It is essential for policy-makers to be aware of the range of effects this revolutionary shift will bring about. They must investigate the impact on U.S. security while there is still time to change our concepts, structures, and plans.
International trade is vital in today’s world; international trade can be affected by a number of issues such as terrorism, economic crises, and pandemics such as COVID-19. It is crucial to understand the impact these global issues have on international trade and what happens to trade when global issues arise. A comprehensive guide of these issues is needed to provide background and understanding about international trade and its relationship with global issues. Global issues occasionally dominate a continuing theme of the international globalized world: global crises, war, security issues, global pandemics such as COVID-19, and trade wars. Global cooperation is required to solve such problems. Economically intellectual thinking will enable the development of guiding policies in solving these global problems. In this book, the effects of global issues on international trade will be evaluated, and policy recommendations will be made for the solution of the global issues. Impact of Global Issues on International Trade is a critical reference source that uses analytic research to analyze the effects of global economic and financial crises as well as global health crises and their impact on international trade. Pandemics such as the COVID-19 pandemic, the global economic crisis, and trade wars are discussed, and political suggestions are made to mitigate negative impacts. Covering a wide range of topics such as financial fragility and trade fairs, it is ideal for trade specialists, policymakers, government officials, managers, executives, economists, academicians, researchers, students, and industry professionals.
This book charts the way towards a better, repurposed globalization, which it calls ‘reglobalization’, and shows how this can be built, incrementally but realistically, via reforms to the partial and fragile existing structures of global governance. In making this argument, the book firmly rejects the new fashion for a politics of deglobalization, which has appeared of late in both left-wing and right-wing variants. Instead, it suggests that a reformed Group of 20 (G20), for all its current inadequacies, can still provide the critical coordinating function that the management of a process of reglobalization requires. The book argues that globalization is too important to be lost; rather, it needs to be saved from its capture by neoliberalism and rebuilt around different values for a post-neoliberal era. The emergence of global pandemic as an issue only goes to emphasise the necessity, importance and urgency of the reglobalization project. Reglobalization is essential reading for everybody living in the era of globalization, which is all of us, and worried about its many economic, social and political problems, which is a growing number of us. The chapters in this book were originally published in the journal Globalizations.
Re-Globalization examines the changing face of globalization, with political, economic, and social balances in flux, and tensions increasing in many parts of the globe. This book discusses and problematizes the current transition phase of globalization in response to issues such as inequalities, climate change, and health crises, offering a comprehensive collection of responses to the question “what is re- globalization?” The authors discuss the various definitions and forms of re-globalization, using a range of approaches, examples, and case studies in order to shed light on this process. The analysis of the phenomenon of re- globalization – understood as an economic, political, and social process – is both inter- and transdisciplinary. This volume offers contributions from academic disciplines within the social sciences, as well as technology, global security, global studies, health, and climate and environmental sciences. Overall, the book analyzes and illustrates how globalization shifts are interconnected and how they relate to a transition in global society, proposing a framework for a series of future scenarios. This socio- geographically diverse book will be of great interest to students, scholars, and researchers across a broad spectrum of disciplines exploring the future of globalization.
Deglobalization 2.0 argues that Trump and Brexit are the symptoms, and not the causes, of a long sequence of alternating phases of globalization and deglobalization driven by increasing income inequality and the retreat from the global stage by a contested hegemon. Providing rich empirical details, Peter van Bergeijk investigates similarities and differences between the Great Depression of the 1930s and the Great Recession and its aftermath of a slowdown in global trade. Providing an overview of recent findings and a discussion of contributions from several disciplines, the book investigates scenarios for the future of the economic world order and proposes possible solutions.
Distinguished scholars assess the emerging international order, examining leading theories, the major powers, and potential problems.