Is Globalization Truly Coming to An End?

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Market Events

Is globalization

truly coming to an end?

April 10, 2025

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Jakob Wilhelmus, Director of Thematic Research at PGIM, dissects a profound shift in global trade. While critical sectors like semiconductors and minerals move toward deglobalization, most of the world’s GDP—spanning apparel, consumer electronics, and tourism—continues along a globalization pathway driven by long-term economic imperatives.

A New Era of Globalization

Globalization has splintered into two distinct tracks, creating new investment opportunities and risks.

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