TRACK TOPIC:
Institutional Fragmentation, Economic Trade-offs, and Policy Responses in the Era of De-globalization
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CHAIRS
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Ineza Gagnidze
Professor of Economics and Business,
Ivane Javakhishvili Tbilisi State University (TSU), Georgia |
Nino Papachashvili
Director of the Institute for Development Studies Sulkhan-Saba Orbeliani University, Georgia |
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This track
addresses the
economic and
institutional
dimensions of
de-globalization,
focusing on the
transformation
of global
economic systems
under conditions
of growing
fragmentation
and uncertainty.
Rather than
viewing
de-globalization
as a simple
reversal of
globalization,
it is framed as
a process of
institutional
restructuring,
involving shifts
in governance
frameworks,
policy
priorities, and
patterns of
economic
interdependence.
Recent
developments -
geopolitical
tensions, supply
chain
disruptions, and
technological
competition -
have reshaped
institutional
configurations
across global,
regional, and
national levels.
Multilateral
systems are
under strain,
regional
alliances are
evolving, and
states are
strengthening
their role in
strategic
sectors,
redefining the
relationship
between markets
and policy.
These dynamics
reinforce
patterns of
fragmented
interdependence
and an expanding
role of the
state, closely
linked to trade
neo-protectionism
and
techno-nationalist
strategies.
While supply
chain
restructuring
may support
domestic
production and
SMEs, including
their innovation
capacity and
adaptive
potential,
increasing
fragmentation
may reduce
efficiency and
weaken global
coordination.
The track
therefore
encourages
discussion of
balanced policy
approaches,
including
empirical
insights into
how different
economies
navigate these
transformations.
Key themes and
discussions in
this track
include (but are
not limited to):
-
Institutional
Fragmentation
and Multi-level
Governance:
transformations
across global,
regional, and
national
economic systems;
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The Expanding
Role of the
State:
industrial
policy,
techno-nationalism,
and strategic
economic
governance;
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Trade
Neo-Protectionism
and Economic
Security:
emerging forms
of protectionism
and their
implications;
-
Global Value
Chains and
Supply Chain
Restructuring:
resilience,
diversification,
and
regionalization
strategies;
-
SMEs and Local
Economic
Adaptation:
opportunities
and constraints
in a
reconfigured
global economy,
including
innovation
dynamics;
-
Digitalization
and Hybrid
Globalization:
the coexistence
of fragmentation
and digital
integration;
-
Sustainability
and Green
Transition under
Fragmentation:
aligning
environmental
and economic
priorities.
The track
welcomes
theoretical,
empirical, and
policy-oriented
contributions
grounded in
institutional
analysis,
political
economy, and
systems thinking.
Particular
attention will
be given to how
systemic
transformations
are transmitted
across different
levels and how
economic actors
respond to
increasingly
complex and
uncertain
environments.
Contributions
that draw on
empirical
illustrations or
case-based
insights are
also welcome,
where relevant,
to enrich the
understanding of
context-specific
dynamics. .
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