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Keeping it Real: Debunking the Deglobalization Myth, Brexit, and Trump:-“Lessons” on Integration
Journal of International Trade Law and Policy ( IF 1.0 ) Pub Date : 2018-03-19 , DOI: 10.1108/jitlp-06-2017-0020
Mervyn Martin 1
Affiliation  

The recent vote for Britain to exit the European Union and the election of Donald Trump as the President of the USA has been described as events that bring an end to globalization and indeed seen as a reversal of the globalization process. A possible reason for this is that both choices are thought to be premised on inward-looking objectives rather than having global objectives. This paper aims to offer an opinion that this view is flawed. This is because integration, which is used to approach globalization, is not a one-way process seeking greater levels of integration, but rather a tool to address global challenges, which will involve making choices on the degree of integration that is thought necessary at a particular time. In other words, based on what is perceived as necessary at a given time, selective interconnectivity is used to reflect the level of integration desired. Owing to the degree of global income inequality, a high degree of integration will pose difficulties as a shift in production centres. Further, immigration will bring not only economic but also socio-cultural and political implications in even the economically strongest nations.,The paper considers the definition of integration to justify why there are limits placed on the level of integration. In this regard, when the position of individual components is so unequal, there will be limits put on levels of integration due to economic, socio-cultural, and political concerns.,Delocalization does not exist. The Brexit vote and President Trump’s Presidential bid success are all part of the globalization process, where from time to time, the levels of integration will slow down. This does not suggest backtracking on globalization.,The discussion and analysis in this paper are significant as they offer an unexplored perspective into current discussions on the Brexit vote and President Trump’s election into office. The discussion and analysis are rigorous in that they are precise and robust in examining the historical evolution to the international trading system to explain why the predominant view on deglobalization is a misunderstanding of the matters that influence globalization and integration.,The paper offers a practical and logical explanation to concerns regarding what is termed as deglobalization by providing an analysis and insight into the current global challenges, in particular income inequality, as an environment within which choices have to be made.,In the discussion, subsequent to Trump’s successful bid for US presidency and the Brexit vote, there has been a frenzy in opinions regarding the implications of these milestones. This paper debunks the exaggerations offered by explaining how and why these milestones are nothing new by examining the history of the international trading system.,This paper is original as it offers a fresh perspective on the deglobalization debate. It provides a discussion from the global income inequality perspective to explain why and how important are global challenges upon domestic choices and how this, in turn, relates to globalization and integration.

中文翻译:

保持现实:揭穿全球化神话,英国退欧和特朗普的面纱:整合的“教训”

最近投票支持英国退出欧盟和唐纳德特朗普作为美国的总统选举已被描述为事件制止全球化的确看作是全球化进程的逆转。可能的原因是,这两种选择都被认为是基于内向型目标,而不是具有全局目标。本文旨在提供一种观点,认为这种观点是有缺陷的。这是因为用于实现全球化的整合不是寻求更高层次的整合的单向过程,而是应对全球挑战的工具,这将涉及对企业认为必要的整合程度进行选择。特定的时间。换句话说,根据给定时间认为必要的内容,选择性互连用于反映所需的集成水平。由于全球收入不平等的程度,高度整合将给生产中心的转移带来困难。此外,即使在经济上最强的国家,移民不仅会带来经济影响,还会带来社会文化和政治影响。本文考虑了融合的定义,以说明为什么对融合水平设置了限制。在这方面,当各个组成部分的地位如此不平等时,由于经济,社会文化和政治方面的考虑,一体化程度将受到限制。英国脱欧公投和特朗普总统的总统竞选成功都是全球化进程的一部分,在该进程中,集成的水平将放慢。这并不意味着回溯全球化,为他们提供了一个未开发的观点纳入对Brexit投票和特朗普总统大选进入办公室目前的讨论在本文的讨论与分析是显著。讨论和分析非常严格,因为它们在检查国际贸易体系的历史演变时是准确而稳健的,以解释为什么对全球化的主流观点为什么会误解影响全球化和一体化的问题。通过提供对当前全球挑战(尤其是收入不平等)的分析和洞察力,对必须进行选择的环境进行逻辑解释,以解决所谓的全球化问题。在特朗普成功竞购美国总统和英国脱欧公投之后,人们对这些里程碑的含义持有狂热的见解。本文通过回顾国际贸易体系的历史来解释这些里程碑如何以及为什么不是什么新事物,以此来夸大其词。本文具有独创性,因为它为关于全球化的辩论提供了新的视角。它从全球收入不平等的角度进行了讨论,以解释全球挑战对国内选择的影响为何以及为何如此重要,以及这又如何与全球化和一体化相关。本文通过检查国际贸易体系的历史来解释这些里程碑如何以及为什么不是什么新事物,以此来夸大其词。本文具有独创性,因为它为关于全球化的辩论提供了新的视角。它从全球收入不平等的角度进行了讨论,以解释全球挑战对国内选择的影响为何以及为何如此重要,以及这又如何与全球化和一体化相关。本文通过检查国际贸易体系的历史来解释这些里程碑如何以及为什么不是什么新事物,以此来夸大其词。本文具有独创性,因为它为关于全球化的辩论提供了新的视角。它从全球收入不平等的角度进行了讨论,以解释全球挑战对国内选择的影响为何以及为何如此重要,以及这又如何与全球化和一体化相关。
更新日期:2018-03-19
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