Globalization: the Trump era

 
PIIS0044748X0001044-7-1
DOI10.31857/S0044748X0001044-7
Publication type Article
Status Published
Authors
Occupation: Lead Researcher
Affiliation: Institute of Latin American Studies, Russian Academy of Sciences
Address: Russian Federation
Journal nameLatin America
EditionIssue 10
Pages92-98
Abstract

The reviewed monograph contains an analysis of new trends emerging in the world economy. Attention is focused on the development of crisis processes in the modern model of globalization. We are talking about the attempts of the current administration of D. Trump to change the existing rules and reformat the current world economic order taking into account the unilateral interests of Washington. The article substantiates the position that D. Trump's policy generates new challenges and poses additional problems to the world economic community. A complex knot of contradictions is singled out, the aggravation of which is fraught with unleashing trade wars between the main players in the world economic arena.

Keywordsglobalization, trumponomics, trade wars, protectionism, world economy
Received17.10.2018
Publication date26.10.2018
Number of characters663
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