Deglobalization: Securitization of Economic Interests Leading to Strategic Autonomy and a Stronger Role for the State
Abstract
After years of economic neoliberalism associated with globalization processes as well as economic policy reforms in the style of conservative U-turns in the 80's, analogous to the transformation of post-socialist economies from Central Europe to Mongolia or Latin America, when the unequivocal motto was "less state", the situation began to change. More than thirty years of continuous liberalization of the world economy was cut short by the outbreak of the pandemic COVID and the measures subsequently taken both at the global level and at the national level, specifically in the case of the European Union at the community level. The so-called national interests, whose preference in international relations led to the securitization of economic processes, were once again dusted off, which, in the words of game theory, was the dominant strategy of all and ultimately led to a zero-sum game. And deglobalization has manifested itself so clearly.
Strategic autonomy is perceived as a state policy responding to the development of (de)globalization and the scarcity of some key products - i.e., the disruption of economic and social security - therefore the securitization of selected national economic sectors.