“With the waning of globalization, post–Cold War world is becoming a site of sovereign nationalism.” – Elucidate
“With the waning of globalization, post–Cold War world is becoming a site of sovereign nationalism.” – Elucidate
Introduction
Globalization, once seen as an unstoppable force
post–Cold War, is now witnessing retreat due to protectionism, geopolitical
rivalries, and crises like COVID-19. This has paved the way for assertive
sovereign nationalism, where states reassert economic, political, and
cultural autonomy.
Waning of Globalization
- Trade
Protectionism: Rise of tariffs, reshoring, and
supply-chain diversification (e.g., US–China trade war, India’s
Atmanirbhar Bharat).
- Geopolitical
Rivalries: Ukraine war leading to sanctions,
energy nationalism, weaponization of trade.
- Technological
Sovereignty: Digital protectionism, data
localization laws, restrictions on 5G and AI exports.
- Pandemic
Disruptions: COVID-19 exposed vulnerabilities of
global supply chains → shift to self-reliance.
Rise of Sovereign Nationalism
- Economic
Nationalism: Preference for domestic manufacturing,
subsidies (e.g., US Inflation Reduction Act, EU’s strategic autonomy).
- Political
Nationalism: Stronger border controls,
anti-immigration sentiments (e.g., Brexit, Trump’s “America First”).
- Cultural
& Identity Assertion: Revival of
civilizational pride (e.g., India’s cultural diplomacy, Turkey’s
neo-Ottoman identity).
- Strategic
Sovereignty: Multipolarity leading to
non-alignment-style strategies (India balancing QUAD & BRICS; ASEAN’s
hedging).
Balanced Perspective
- While
sovereign nationalism is rising, global interdependence persists in
finance, climate change, pandemics, and technology.
- Instead
of “de-globalization,” the trend is toward “re-globalization with
national safeguards.”
Conclusion
The post–Cold War world is shifting from hyper-globalization
to guarded sovereignty, where nations assert independence in economy,
security, and identity. This trend reflects a rebalancing between global
integration and national self-reliance, shaping the contours of
21st-century geopolitics.
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