The Development of Economic Globalization:Practica...
Quan Heng
Quan Heng，Professor of Economics，Executive President，Shanghai Federation of Social Science Associations.
E-mail: quanheng@sass.org.cn
This paper in Chinese was originally published in Fudan Journal （Social Sciences），2017 （6）.
Abstract: According to the trend of world economic development，economic globalization will not have fundamental reverse.However，the current economic globalization is suffering from the impact of external crises，structural dilemma in the global economy，hollowedout development of developed countries，rising global inequality，and deficiencies in global economic governance.Based on the economic globalization development practice and international economic theory innovation，this paper reflects on the dilemma of economic globalization development and its internal mechanism，so as to more accurately grasp and understand the internal laws，practical logic and changing characteristics of economic globalization.In the future，economic globalization will continue to develop，but the mode of economic globalization is facing repair and adjustment.The driving force，connotation，scale，speed and structure of economic globalization will undergo profound changes.In particular，the new concept of “Belt and Road Initiative” proposed by China will help promote the self-repair and improvement of economic globalization and propel to build a fairer and more inclusive economic globalization development mechanism，driving the further development of a new round of globalization.
Keywords: Economic Globalization；Practical Dilemma；Theoretical Reflection；Innovative Development
In recent years，under the background of the slow recovery of the world economy and the increasingly obvious structural dilemmas，people have conducted various discussions and reflections on many global issues，in which the development trend of economic globalization has increasingly become a hot topic.The so-called “ebb tide of economic globalization”，“anti-globalization trend of thought”，“globalization entering the stage of adjustment”，“reflection on globalization” and even “super globalization”and other various viewpoints emerge in endlessly，making people dazzling.A question worthy of in-depth consideration is why economic globalization，which has developed rapidly from the late 1980s to the early 1990s and has had a profound impact on the world economy，causes so many disputes and problems today？ Why does economic globalization，which is regarded as a major symbol and characteristic of the world ’s economic development entering a new stage，present so much confusion today？ How should we objectively analyze and view the future development trend of economic globalization？ This paper will conduct an analysis for the above questions.