Globalization's Biggest Threat -- Slow World Economic Growth

This article is an analysis on how the current world economics are effecting Globalization, it specifically mentions the slow economic growth in the European Union and Asians relation between Japan, China, and South Korea and specifically Japan and China. In this article by Panos Mourdoukoutas, the author, asserts that slow economic progression in the European Union has rejuvenated old ideologies popular after World War II and during the Cold War such as Nationalism and Communism. He then discusses the current economic relations in powerful Asian countries, pointing out the stagnation of the Japanese economy and China's rapid growth how public opinion in China has negatively influenced Japanese business and trade within China and the effects this could have on Asian economy. Though to be fair I do not think Mourdoukoutas is taking into account President Abe's plans to revitalize his country's economy which could lead the Asian region in the opposite direction as the author is predicting. 

It's an interesting point he brings up regardless of if he is right or wrong and I think it relates back to the global relations theories we've been discussing in class. Are communist philosophies making a return? How will the recent slow economic growth affect globalization? Of course only with time we can know for sure but in my opinion I do not believe the results will be as negative as Mourdoukoutas seems to think. In my belief countries do not want to unfavorable negotiations with foreign countries, modern powers, especially democracies, will not want to revert to realist theories and will at the very least choose a liberal constructivist approach to foreign policies and try to get the best net gain for both themselves and their allies. 

Michael Johnson 

http://www.forbes.com/sites/panosmourdoukoutas/2015/01/21/globalizations-biggest-threat-slow-world-economic-growth/