Maritime transport and the hidden costs of globalization


Guillaume Vuillemey author of Time of de-globalization. HEC

Guillaume Vuillemey, professor of finance at HEC, talks about the return to borders, which in five years has become one of the structuring movements of the contemporary world economic scene.

The trade war between the United States and China, then the Covid 19 pandemic and finally the war in Ukraine. In five years, the return of borders has established itself as one of the structuring movements of the contemporary world economic scene. Guillaume Vuillemey, professor of finance at HEC, wants to see in this destabilizing wave of deglobalization» the opportunity for a democratic renewal within nations that are currently badly battered. This is the thesis of his stimulating essay The Time of Deglobalization. Protecting the commons against free trade (Threshold, 2022).

The author does not plead for a closure of exchanges, but for the invention of a “positive protectionism” which gives the opportunity to each political community to“to positively affirm a vision of the common good, that is to say specific values ​​that deserve to be defended”. Aspiration can seem as friendly as it is fuzzy. And it’s true that Guillaume Vuillemey is not the place to look for…

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