The
recent political upheavals, especially Brexit, the election of Donald Trump, and
an increase of populism in Europe, are offering direct impacts on the future of
firms’ globalization and the evolution of de-globalization as an upcoming era.
According to Frieden, there is a predominant backlash noted on the part of
globalization (2018). Referring to the political events of Brexit, the Presidency
of Donald Trump, the rise of European populism, Frieden noted the increasing
threats over the globalised mode of the economically integrated mode of
international business. These are the instances that are marked in this essay
for critical analysis of comprehending these elements in terms of creating
hostility towards the prevalent integrated global economy and the scopes of international
free trade ventures, in future.
