![]() However, deglobalization can also cover a multitude of other social and political domains in addition to the economic realm. ![]() Deglobalization is frequently viewed through an economic lens, with strong indications that economic globalization had already reached a peak in the late 2000s to early 2010s, increasing the relevance of protectionist policies in the years preceding the COVID-19 pandemic. However, it can be understood to be on the opposite side of the spectrum to globalization, and is generally associated with a reduced interdependence between countries, which may diminish the movement of goods, capital, and services as well as the flow of people between them. Deglobalization is a somewhat imprecise term whose meanings can be subject to dispute.
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