Purpose: The article examines the new world of nationalism: A challenge to global peace and cooperation. Methodology: The article utilized qualitative method that relied on secondary data from journal articles, books and internet based materials and data analyzed in thematic content. The article employs protectionist theory to explain how national policy decisions are driven by the need for political and economic stability. It argues that failure to enforce economic safeguards can turn countries into dumping grounds, harming local industries. Findings: The article found that hyperglobalization tends to reduce state/nations sovereignty yet nations still adopt stringent economic policies such as trade ban/tariff and migration restrictions in order to safeguard their nations economic and political domain as well as embrace nations with most friendly economic latitude in order to advance their economic frontal since no nation has reach self-sufficient level and need why nations within the global south see BRICS as the veritable economic alternative and the article concludes that some level of trade protectionism and restricted migrations are essential for national economic development as it serves and, encourage nations to reduce poverty as well as enable nations to prioritize infrastructural development. Unique Contribution to Theory, Policy and Practice: The article recommends that in as much trade protection through tariff and regulation of migration are important to ride the national economies from being the damping ground and allowing migrants that constitute national security risk that nations need be circumspect in the implementation of trade protection and migration bans and regulation if global peace and cooperation could be functional.
Nwaugha et al. (Tue,) studied this question.