Balázs Orbán opined that the economic competition between the Western and non-Western world is becoming balanced, thus the world is returning to a state of equilibrium. He recalled that in 1990, the Western world accounted for 50 per cent of the global economic power, whereas this year it is only 30 percent, and this loss of influence is visible in several areas.
This article aims to outline the nature and role of global supply chains in economic globalization, and to highlight the underlying roots of and reasons for the new trend towards realignment.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.