deglobalization
/diːˌɡləʊbəlaɪˈzeɪʃən/
deglobalization means the process of diminishing interdependence and integration between the economies of nations. Lexicurio rates it Sui generis — a strength score of 87 out of 100.
deglobalization is pronounced /diːˌɡləʊbəlaɪˈzeɪʃən/.
Why “deglobalization” is a great word
DEGLOBALIZATION — [Noun] The process of diminishing interdependence and integration between the economies of nations. Formed within English from the prefix de- (expressing reversal or removal) and the noun globalization, with the suffix -ation denoting a process; first attested in print in 1968 and later popularized as a socioeconomic term by Walden Bello around 2001. Unlike isolationism, a political doctrine of non-participation, or protectionism, a specific policy of trade restriction, deglobalization is the broader, systemic unwinding of established ties. It is the factory repatriated, the supply chain shortened, and the tariff raised—a quiet contraction from a world once declared borderless, toward a future of smaller, more sovereign rooms.
Etymology
From de- + globalization or deglobalize + -ation.
noun
- The process of diminishing interdependence and integration between the economies of nations.““We have entered the age of deglobalisation, where global supply chains are replaced by regional ones,” said Liu Meng-chun, an expert on the Chinese economy and cross-Strait economic relations at the Chung-Hua Institution for Economic Research, a government think-tank in Tapei.”