Globalisation And Resilience
Economists miscalculated the disruptions of the global financial crisis and the pandemic—and need to build better models. Read More Here
Economists miscalculated the disruptions of the global financial crisis and the pandemic—and need to build better models. Read More Here
Gone are the glory days when the World Economic Forum’s annual conference in the Swiss Alps perfectly captured the optimism and hype of the post-Cold War era of globalization. Today, the mood is decidedly darker, requiring a more clear-eyed perspective on what, if anything, can be salvaged from the recent past. Read More Here
The long-time critics of globalization who warned us that it would end badly are having a told-you-so moment… It took a protectionist U.S. president, a global pandemic, and a new European war to prove them right. Read More Here
However the conflict in Eastern Europe unfolds, it seems clear that countries will have to give national security a far more prominent position in their development agendas. This means not only increasing defense spending, but also diversifying energy and food sources – and preparing for global economic fragmentation. Read More Here
The supply problems have engendered pervasive nervousness and fear. The induced anxiety, translated into politics, has encouraged the belief that countries need to be self-sufficient. Read More Here
Differences between support for globalization among high-skilled and low-skilled workers—and gaps in the optimism the two groups feel about their prospects for upward mobility—have grown in poor countries as well as rich ones. As a result, overall backing for economic integration is eroding. Read More Here
The COVID-19 pandemic is the product of a globalized, interconnected world. Without new mechanisms that offer truly global approaches to crisis management and prevention, the experience of the past 18 months is likely to be repeated, with profound consequences for international security. Read More Here
The ongoing pandemic and global climate-related disasters demonstrate the inadequacy of efforts to address the problematic aspects of globalisation. Read More Here
The way ordinary Americans think about trade is very different from the way economists and policy wonks think about it. Most people do not have accurate knowledge of how trade affects them personally: they do not support trade if they stand to gain from it or oppose it because it will hurt them economically. Read More Here
New studies show that, while greater competition from China has contributed to an increase in patents in Europe, it has reduced the innovation rate in the US. These divergent outcomes are partly attributable to changes in the manufacturing sector. Read More Here