IISES International Academic Conference, Prague

HOW CHANGES IN THE INTERNATIONAL SYSTEM DISRUPT GLOBALIZATION PROCESSES AND WHAT NORMATIVE CHANGES CAN STABILIZE THEM?

EREZ Z. SHOSHANI

Abstract:

Since 2020 we have seen major fluctuations in globalization processes, especially in its economic dimension. The pandemic followed by the outbreak of the war in Ukraine, escalating violence in the Middle East, and rising regional tensions in other parts of the world influenced trade levels particularly of merchandise. Although the World Trade Organization forecasts a recovery in the near future it also issues a warning that the continuation of international conflicts may disrupt growth. This study will analyze current changes in the international system and their relation to different globalization processes outcomes. Furthermore it will aim at describing a potential formation of a more stable global system, albeit the existing international security situation. Such a system formation is conditioned upon certain international normative processes that will be reviewed.

Keywords: Globalization, International security, Normative changes