Regional Visions of Globalisation

... A unipolar/“tunnel vision” of globalization from the 1990s is giving way to a rising number of projects and initiatives that have regional integration blocs as their base. One such recent project is the Global Gateway initiative launched by the EU at the end of 2021, another that was launched under the auspices of the G7 group is the Build Back Better World (B3W) initiative. Both projects are meant to compete with China’s Belt and Road Initiative (BRI) in advancing greater connectivity and infrastructure development throughout the global economy. Globalization as ...