THE CRASH OF GLOBAIZATION AS A CONSEQUENCE OF
MIGRATION AND THE COVID-19 PANDEMIC Cover Image

THE CRASH OF GLOBAIZATION AS A CONSEQUENCE OF MIGRATION AND THE COVID-19 PANDEMIC
THE CRASH OF GLOBAIZATION AS A CONSEQUENCE OF MIGRATION AND THE COVID-19 PANDEMIC

Author(s): Vladan Cogoljević, Milan Beslać, Dragan JANJUŠIĆ
Subject(s): Economy
Published by: Visoka škola za poslovnu ekonomiju i preduzetništvo
Keywords: Globalization; freedom of movemen;, Migrant crisis; pandemic SARS-Cov-2

Summary/Abstract: Globalization as an economic-political process, based on the freedom of movement of labor, capital, goods, services, information, solidarity between countries and the in recent decades, is imposed as a basic option for growth, development and increasing living standards. Globalists have never emphasized the negative effects of globalization, such as creating conditions for increasing drugs trafficking and other illicit things, human trafficking, creating conditions for increasing terrorism, creating growing disparities between rich and poor, and what is, no less important, exploitation of the underdeveloped by the developed. The migrant crisis has completely exposed everything that was proclaimed years ago. Already “erased” borders have become stronger than ever (countries have literally fenced themselves off with multi-level physical barriers) [11], rigorous entry measures have been introduced, etc. A further collapse of globalization has been caused by a corona virus pandemic. The countries that most proclaimed freedom of movement made it impossible, there was a lack of solidarity in the equal distribution of medicines and other medical devices, especially vaccines. Thus, globalization is no longer a common interest, but the interests of nation-states have become the only interests and disregards for other countries and their interests. The aim of this paper is to show that globalization, as an economic and political process, results in the creation of wealth for the already rich and the poverty of the poor, as well as the exploitation of the poor by the rich. In addition, the paper should show that in case of crisis (migrant crisis and pandemic), globalization shows all its negative effects manifested by lack of solidarity, taking into account only their own interests, breaking trade and international trade chains, increasing prices of all products, etc. During this research, the method of analysis and synthesis, the method of induction and deduction and descriptive analysis will be used, and a conclusion will be made on the basis of all relevant data.

  • Issue Year: 2022
  • Issue No: 1-2
  • Page Range: 71-76
  • Page Count: 6
  • Language: English