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The liberal model of globalization 1.0 has taken a hit in recent years beset by claims of deglobalization and slowbalization. This paper argues that deglobalization claims may be a premature verdict and globalization 1.0 is being replaced by a geoeconomic model of globalization 2.0. Globalization 1.0 assumes that the United States-led neoliberal project would develop seamless connections between trading nations. I suggest that globalization 2.0 eschews the building of this modality of connection as discourses about risks shift to discourses of transnational threats.
Jessie Poon (Mon,) studied this question.