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„Systemic Diversity in Time of Globalization and Integration”

 

(Abstract)

 

The global social and economic development of the last half century was characterized by two opposite tendencies: diversification and globalization. Besides the revolutionary imposition of the Soviet economies such systems as the Scandinavian, social market economy (in Western Germany), Japanese and Chinese systems have emerged. Recently we could observe the emergence of (what Rosser & Rosser called) "new traditional economies" (Islam economies mainly). Formal expression of diversification  has also been a rapid increase of number of independent states (thirty odd members in the League of Nation, almost two hundred in the UN). During the recent two decades diversification tendencies have been weakened and the process of globalization started to be dominant. Besides expansion of trade, FDI and particularly financial markets, some signs of erosion of Scandinavian and German systemic features are visible. The Anglo-Saxon system seems to be en vogue (some analysts present globalization as Americanization).

We are, however, very far from "the end of history" meant as the emergence of one, stateless, free market global economy. Just the opposite tendency seems to be feasible in the near future: still growing polarization of the World economy for the rich North and the poor South, or even clash of civilization, a  weakening of the American superpower in favor of Asian giants and political isolationism and growing protectionism. Also enlargement of the European Union should not be taken for granted.