The term “globalization” first swept the world in the 1990’s and reached its highpoint of popularity in 2000 and 2001. In 2001, for instance, Le Monde contained more than 3,500 references tomondialisation. But then the figure steadily fell – more than 80% by 2006. Since the outbreak of the financial crisis in 2007, the word’s usage in major newspapers such as the New York Times and the Financial Timeshas fallen still further. Globalization is on its way out.
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