Great Normalization: A Transformative Era Driving Global Convergence And Societal Change
The “Great Normalization” refers to a global trend of convergence and societal change since the mid-20th century. It has witnessed declining fertility rates, increasing life expectancy, economic convergence among nations, and the rise of global governance institutions. Globalization, technological advancements, political liberalization, and social modernization have all contributed to this transformative era, shaping societies, economies,…