Name: Sagar Joshi, Shubham Gaur
Country: India

Year: 2022
Volume: Volume-9, Issue-2 (July-December)
Page Number: 72-83

evolving relationship between de-globalization and re-globalization. In recent years, the global economy has experienced significant disruptions due to financial crises, geopolitical tensions, and the COVID-19 pandemic, leading to debates about the possible retreat of globalization. Using a conceptual research approach supported by secondary data from 2012 to 2022, the study analyzes trends in global trade growth and identifies patterns of contraction and recovery. The findings suggest that rather than a complete reversal, globalization is undergoing a structural transformation characterized by regionalization, digital trade expansion, and the reconfiguration of global value chains. The study highlights the increasing role of technology, policy shifts, and sustainability concerns in shaping the future of global trade. It concludes that de-globalization and re-globalization are interconnected processes reflecting the adaptive nature of the global economic system.