Rethinking globalisation: changing globalisation leaders as a signal of the reglobalisation process

This article presents an analysis of the global financial crisis's impact and subsequent economic disruptions on globalisation, particularly on international trade dynamics. The author investigates whether these events have led to deglobalisation, a slowdown, or a shift toward reglobalisation. Through statistical analysis of trade flows and their share of global GDP across four World Bank income groups over 34 years (1989–2022), the researcher demonstrates a trend toward slowbalisation and reglobalisation rather than deglobalisation. Slowbalisation does not signify a strict divide by income level; instead, globalisation remains dynamic, with emerging economies increasingly challenging high-income countries' dominance.