1.

Record Nr.

UNINA9910826669703321

Autore

Møller J. Ørstrøm

Titolo

Asia's transformation : from economic globalization to regionalization / / Joergen Oerstroem Moeller [[electronic resource]]

Pubbl/distr/stampa

Singapore : , : ISEAS-Yusof Ishak Institute, , 2021

ISBN

981-4881-23-6

Descrizione fisica

1 online resource (ix, 194 pages) : digital, PDF file(s)

Disciplina

338.95

Soggetti

POLITICAL SCIENCE / Globalization

Asia Economic conditions 21st century

Asia Politics and government 21st century

Asia Foreign economic relations

Asia Forecasting

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from publisher's bibliographic system (viewed on 17 Dec 2021).

Nota di contenuto

Intro -- Contents -- Preface -- 1. Introduction: Is Civilization Heading Towards a Collapse? -- 2. The Cocktail of Capitalism, Technology and Globalization Turns Toxic -- 3. Democracy -- 4. The Nation-State -- 5. Significance of the Global Financial Crisis -- 6. Global Economics Horizon 2035 -- 7. Globalization to Regionalization -- 8. The Power Game in Asia -- 9. Conclusions -- Epilogue: COVID-19 -- Index -- About the Author.

Sommario/riassunto

Moeller's book <I>The Veil of Circumstance</I>, published in 2016, discussed the impact of technology, dehumanization and values on politics and economics. In this book, he takes the analysis one step further. The cocktail of capitalism, globalization and technology has turned toxic, causing disruptions and cracks in the global economy and societal structures. Economic globalization is being replaced by a mixture of globalization, regionalization and economic nationalism. Neither the United States nor China will in the mid-2030s possess the strength to be a global leader. Power will mainly rotate around a regional axis instead of globally. The existing political systems and institutions governing the global system see their primogeniture challenged. Social networks open the door to communication for



literally everybody; while they link the world to a degree never seen before, they also divide people according to cultural norms and values. The large data companies possess enormous power that threatens both national governments and the global political and economic infrastructure.