Deglobalization and Factors of Sustainable Development

Paula Munteanu (), Laurentiu Ciornei (), Liviu-Valentin Vlăducu () and Getuta David ()
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Paula Munteanu: School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest
Laurentiu Ciornei: School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest
Liviu-Valentin Vlăducu: School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest
Getuta David: School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest

Chapter 30 in 16th Economic International Conference NCOE 4.0 2020, 2020, vol. 13, pp 337-347 from Editura Lumen

Abstract: The KOF Globalization Index reflects the level of economic, social and political globalization and covers over 200 countries. Since 2015, this index has fallen for the first time, after stagnating between 2009-2015. This decline is mainly attributed to trade and financial flows caused by the deterioration of the general policy framework. Equally, the social component has the same downward trend. In view of these considerations, many voices call into question the process of deglobalisation or diminishing integration between the nations of the world. Equally, the Sustainable Development Goals aim at global collaboration in the three dimensions - economic, social and environmental - taking into account different national levels of development and in line with national priorities and policies. In the present study, we aimed to address the factors of sustainable development from the perspective of the deglobalization process and to identify to what extent the objectives of sustainable development will be affected, in the medium and long term, given that two of the pillars on which the sustainable development is based are directly affected.

Keywords: Factors of sustainable development; deglobalization (search for similar items in EconPapers)
JEL-codes: A1 F1 F3 M1 O3 R1 (search for similar items in EconPapers)
Date: 2020
ISBN: 978-1-910129-27-2
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:13-30

DOI: 10.18662/lumproc/ncoe4.0.2020/30

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