Comment by nine_k
4 years ago
Globalization then will continue along the lines of cultural and political alliances. EU is one striking example of globalization, of you take a look from a perspective of 100 or even 50 years ago. Advanced chip will still continue to be made in Korea and (hopefully) Taiwan on machines built in Europe for companies that build products in the US and in Japan.
What is going to dwindle or even cease is cooperation with not-exactly-friendly countries, like, well, China and obviously Russia, and maybe not exactly hostile but culturally remote, like Saudi Arabia.
India and Africa will remain important cultural and economical battlegrounds between the West and China. China is investing a huge lot into African countries, and I suppose the more advanced of them, like Nigeria, will become the new "tigers" with explosive economic growth in the coming 15-25 years, like Korea in 1980s.
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