Globalization needs to be upgraded to serve the interes



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In recent years, a rising number of people have realized “the world is undergoing profound changes unseen in a century.” It was more pronounced in 20

18. Some phenomena that people are familiar with are changing direction. The head winds globalization is facing is one example.

Implied meanings of certain words describing key concepts are going the opposite way. For exam

ple, public opinion in some countries is moving against globalization and globalism. Why does this happen?

In the UN General Assembly in September 2018, almost the whole world heard US President Donald Trump’s comp

laint on globalism, which was hard to imagine previously. Terms like “globalism,” “global governance”, which wer

e popular in Western politics, are not hot any more in their birthplace. Is this a time to abandon globalism?

It is expected that “globalization,” “globalism” and “global governance” will see a winter prior to their revival. Not lo

ng ago, World Bank President Jim Yong-kim abruptly resigned, three years before the end of his term. The reason w

as said to be Trump’s dislike for the World Bank and his belief that the international lender is