VIETNAM IMPORT DATA AND DEGLOBALIZATION ARE INDEED BEST FRIENDS
MEANING OF DEGLOBALIZATION CAN CHANGE YOUR LIFE Deglobalization is a term given to a process where the dependence and connection among certain groups in the world get reduced. In simple words, it is a time in which economic trade and investment decline between countries. in the economic history of this world, deglobalization has happened twice. It happened for the first time during the great depression in the 1930s and the second time in the 2010s. If we talk about the measures on which deglobalization can be measured are the same as they are in Globalization. If we name them, then they are as follows: · Goods and Services. They are measured as a sum of imports and exports and then analyzed as a proportion of national income. · Net rates of migration. · Capital, i.e., which type of capital is more in a country- inward or outward. CURRENT SCENARIO OF DEGLOBALIZATION AND VIETNAM IMPORT DATA Indeed, Vietnam has emerged as one of the winners of Deg