CDU EXPERT: Globalisation is rapidly evolving and self-preservation the priority, economist says

29 OCTOBER, 2025 

Who: Charles Darwin University Associate Professor of Accounting and Finance Rakesh Gupta. 

Topics: 

• Dr Gupta is holding a public lecture titled Trade Nationalism and the Future of Globalisation, which examines how protectionist policies in major economies, from the United States’ industrial revival agenda to China’s dual-circulation strategy are reshaping the rules of international engagement. 

• Drawing on recent OECD evidence, Dr Gupta highlights the economic costs of excessive relocalisation and the need to balance national resilience with global cooperation. 

Contact details: Call +61 8 8946 6721 or email [email protected] to arrange an interview. 

Quotes attributable to Associate Professor Rakesh Gupta: 

"As global trade patterns continue to fracture under geopolitical strain, the question is no longer whether globalisation will endure, but how it will evolve.  

“The post-pandemic world has seen a decisive turn away from efficiency and open markets toward policies centred on national security, supply chain resilience, and technological sovereignty.  

“This new phase of what I call ‘conditional globalisation’ reflects governments’ growing willingness to intervene in trade to protect strategic industries and reduce dependence on foreign supply chains.”