The simple answer is no, globalization is not dead but we have to add some big caveats. President Trump wants to re-shore jobs lost to globalization in the 80’s, 90’s and 2000’s. If America can bring manufacturing back then we will be strong again. At least this is the theory. The problem, however, is that […]
Globalization
Globalization in the Crosshairs, Again…
Globalization is once again under fire. In the past, developing nations often complained that the benefits of increased global trade flowed disproportionately to the developed world. Today the shoe is on the other foot. Wide swaths of the American public are reacting favorably to Donald Trump and Bernie Sanders’s proposals to reign in free trade […]
Globalization: Dormant But Not Extinct
In the late 1990s and 2000s up to the financial crisis in 2008, globalization seemed a powerful inexorable force. The world was becoming more interconnected. Goods, services, capital, and people were moving ever more freely around the globe without regard to borders. The world was getting flatter. Global champions, we were told – whether companies […]