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Hyper-globalization
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Hyper-globalization is the dramatic change in the size, scope, and velocity of globalization that began in the late 1990s and that continues into the beginning of the 21st century. It covers all three main dimensions of economic globalization, cultural globalization, and political globalization. The concept first arose in the 2011 work by Dani Rodrik, an economist and professor of International Political Economy at the Kennedy School of Government at Harvard University, who described it in The Globalization Paradox. Rodrik criticized the state of globalization, questioning the wisdom of unlimited economic integration beyond national borders. He sees a conflict between the workings of the nation state and free flow economic globalization that has gone too far "toward an impractical version
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Hyper-globalization is the dramatic change in the size, scope, and velocity of globalization that began in the late 1990s and that continues into the beginning of the 21st century. It covers all three main dimensions of economic globalization, cultural globalization, and political globalization. The concept first arose in the 2011 work by Dani Rodrik, an economist and professor of International Political Economy at the Kennedy School of Government at Harvard University, who described it in The Globalization Paradox. Rodrik criticized the state of globalization, questioning the wisdom of unlimited economic integration beyond national borders. He sees a conflict between the workings of the nation state and free flow economic globalization that has gone too far "toward an impractical version that we might call hyperglobalization". In 2013, economists at the Peterson Institute for International Economics, Arvind Subramanian and Martin Kessler invoked the concept in "The Hyperglobalization of Trade and Its Future", to describe the dramatic increase in world trade that has occurred since the founding of the World Trade Organization in 1995. Public Relations consultant and academician, Takashi Inoue extended the concept to beyond the economics into the realms of culture and politics in his 2018 book Public Relations in Hyper-Globalization; He argues that the world is being transformed by three forces of hyper-globalization: economic, social media, and new disruptive technologies that together are accelerating the pace of change in all spheres. Inoue argues that this is the new reality in which leaders must now operate in.
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