Globalization

Courtesy Reuters

A styrofoam bull at the Frankfurt stock exchange, September 2008.

Alex Grimm / Reuters

The Forgotten History of the Financial Crisis

The true story of 2008 forces a question about the future of financial globalization: How will a multipolar world that has moved beyond the transatlantic structures of the last century cope with the next crisis?

Adam Tooze

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Finance September/October 2018 Essay

The Forgotten History of the Financial Crisis

The true story of 2008 forces a question about the future of financial globalization: How will a multipolar world that has moved beyond the transatlantic structures of...

Adam Tooze

Economic Development May/June 2018 Essay

Globalization Is Not in Retreat

Globalization has not given way to deglobalization; it has simply entered a different phase.

Susan Lund and Laura Tyson

Printed-out kicks: a sneaker produced by a 3-D printer, Germany, March 2018.

Globalization March/April 2018 Review Essay

Stranger in Strange Lands

Joseph Conrad lived in a far wider world than even the greatest of his contemporaries. His involvement with imperialism, political rebels, and the life of the sea...

Adam Hochschild

Economics March/April 2018 Essay

How to Crack Down on Tax Havens

Tax havens enjoy the protection of powerful forces; cracking down on them will be difficult. It can only be done by mobilizing public anger to break up systems rigged...

Nicholas Shaxson

A UBS branch near Basel, Switzerland, September 2011.

Economics Nov 17, 2017 Snapshot

One Belt, One Road's Governance Deficit Problem

China needs to solve a governance deficit problem plaguing One Belt, One Road both at home and along the OBOR route.

Wang Xinsong

Globalization Jul 10, 2017 Snapshot

Globalism and Nationalism

The idea that globalism is fundamentally at odds with national sovereignty is false.

Or Rosenboim

Donald Trump, then U.S. president-elect, at a rally in Baton Rouge, Louisiana, December 2016.

Economics July/August 2017 Essay

Why Globalization Stalled

The globalized economy is under assault. Governments must reform it to preserve an open, multilateral order.

Fred Hu and Michael Spence

Protectionist in chief: Trump at a factory in Indianapolis, Indiana, December 2016.

Globalization Apr 20, 2017 Snapshot

Defending Digital Globalization

Just as nations have negotiated agreements establishing the terms of global trade in goods and services, they now need to confront digital protectionism by setting out...

Susan Lund and James Manyika

A construction worker uses a laptop inside his dormitory in Hefei, China, August 2014.

Globalization Apr 10, 2017 Response

Globalism Lives

China is not going to overtake the United States in this century. It may, however, overtake Europe.

Salvatore Babones

The tower of the One World Trade Center in New York City, February 2016.

Globalization Mar 28, 2017 Snapshot

Trump's Regulatory Bloodbath

The case of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act reveals how globalization will sap the power of Trump’s plan to cut regulations on U.S....

Matt Mossman

U.S. President Donald Trump with Treasury Secretary Steve Mnuchin and Secretary of State Rex Tillerson in Washington, February 2017.

Economics May/June 2017 Essay

The Boom Was a Blip

Populists are promising a return to the economic boom years but global trends mean slow growth is here to stay. Governments and populations must face reality and start...

Ruchir Sharma

Napping at a brokerage in Qingdao, China, April 2013.

Globalization Jan 22, 2017 Snapshot

Beijing Is No Champion of Globalization

In his speech at the World Economic Forum in Davos, Chinese President Xi Jinping set out to establish himself as the standard-bearer for globalization. But, as has...

Elizabeth C. Economy

Chinese President Xi Jinping attends the World Economic Forum annual meeting in Davos, Switzerland, January 2017.

Globalization Dec 9, 2016 Snapshot

The End of Globalism

In the new era ushered in by Trump’s victory, the Chinese have the most to gain—or to lose.

Eric X. Li

The Pudong financial district of Shanghai, November 2013.

Globalization January/February 2017 Comment

Liberalism in Retreat

The international political world will remain divided between liberals and statists for the foreseeable future, but both sets of countries will depend on a liberal...

Robin Niblett

America First: Trump supporters on election night, November 8, 2016.

Best of 2016 Nov 15, 2016 Snapshot

Global Trumpism

The global revolt against elites is not just driven by revulsion and loss and racism. It’s also driven by the global economy itself. The era of neoliberalism is over....

Mark Blyth

Nigel Farage at Trump Tower, New York, November 2016.

Globalization Nov 13, 2016 Snapshot

The Losers of Deglobalization

The Brexit vote and Donald Trump's election suggest that the world may be entering a period of deglobalization. History suggests that is worth worrying about: when...

Pierpaolo Barbieri

Police patrol Hungary's border with Serbia, September 2015.

Economics Oct 5, 2016 Snapshot

Abandon Ship

The August bankruptcy of South Korea’s Hanjin Shipping, the world’s seventh-largest container carrier, and the announcement, in September, of the restructuring of A.P....

Marc Levinson

A container ship from Hanjin Shipping Co., stranded outside the port of Long Beach, California, September 2016.

Globalization Sep 28, 2016 Snapshot

How TTIP Lost Steam

TTIP's prospects—and those of trade negotiations more generally—seem grim. The era of the big trade deal is certainly in hibernation: the question now is whether it is...

Tyson Barker

A ship run aground in western France, March 2008.

Best of 2016 July/August 2016 Essay

The Truth About Trade

Attacks on U.S. trade policy have grown so intense during the presidential campaign that they threaten the future of U.S. global economic leadership. The U.S. economy...

Douglas A. Irwin

A container ship enters New York Harbor, November 2015.

Best of 2016 Mar 28, 2016 Snapshot

Wealthier World, Poorer Nation

The world as a whole is better off than ever before, and yet inequality within countries is getting worse.

Jack Goldstone

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Globalization

The Forgotten History of the Financial Crisis

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The Forgotten History of the Financial Crisis

Globalization Is Not in Retreat

Stranger in Strange Lands

How to Crack Down on Tax Havens

One Belt, One Road's Governance Deficit Problem

Globalism and Nationalism

Why Globalization Stalled

Defending Digital Globalization

Globalism Lives

Trump's Regulatory Bloodbath

The Boom Was a Blip

Beijing Is No Champion of Globalization

The End of Globalism

Liberalism in Retreat

Global Trumpism

The Losers of Deglobalization

Abandon Ship

How TTIP Lost Steam

The Truth About Trade

Wealthier World, Poorer Nation

How to Improve U.S.-Indonesia Relations

Kofi Annan, Champion for Women’s Rights

U.S. First Lady Melania Trump to Visit Africa

A Year On, Pakistan Still the Weak Link in U.S. South Asia Strategy

The Link Between Foreign Languages and U.S. National Security

Aung San Suu Kyi’s Major Speech on Rakhine State

Creating a State Department Office for American State and Local Diplomacy

The Global Cost of the Eurozone’s 2012 Fiscal Coordination Failure

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U.S. Gun Policy: Global Comparisons

The Rohingya Crisis

Ten Most Significant World Events in 2017

Globalization

The Forgotten History of the Financial Crisis

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