The Globalization Nexus: Geopolitical Shocks And Their Impact On Economic Stability

This study examines the economic vulnerabilities associated with globalization, particularly in the context of geopolitical shocks such as the ۲۰۰۸ financial crisis, the COVID-۱۹ pandemic, and the Russia-Ukraine war. While globalization has facilitated economic growth through trade, financial integration, and labor mobility, it has also created systemic risks that amplify the effects of global crises. The research employs a qualitative approach, utilizing the Library Research Method to analyze academic literature, economic reports, and policy papers. A comparative case study methodology is used to assess the economic repercussions of these three crises, highlighting patterns of financial contagion, supply chain disruptions, and inflationary pressures. The findings demonstrate that excessive reliance on global supply chains, foreign financial markets, and energy imports heightens economic fragility, making economies more susceptible to external shocks. The study argues that resilience-building measures, such as strengthening domestic production capacity, diversifying energy sources, enhancing workforce adaptability, and decentralizing supply chains, are essential for mitigating these risks. Policy recommendations emphasize a balanced approach to globalization that integrates economic interdependence with national economic security. While globalization remains a key driver of economic progress, its structural vulnerabilities necessitate strategic policymaking to prevent future economic instability. Future research should explore selective globalization policies, the effectiveness of regional economic resilience models, and the role of emerging technologies in mitigating economic disruptions. These insights contribute to a broader understanding of how nations can navigate globalization’s benefits while safeguarding against its inherent risks.

کلیدواژه ها:

Globalization ، Geopolitical Shocks ، Economic Resilience ، Supply Chain Disruptions ، Financial Crisis