Globalization refers to the increasing ease with which goods, services, capital and people can move across the world, which has been accelerated by advances in technology and government policies to reduce barriers. In terms of reducing poverty in as many countries as possible, there is no question that globalizationcontinues to be beneficial, even after the 2008 financial crisis. Poverty continues to fall worldwide at a rapid rate, and countries most integrated into the world economy have seen the biggest reductions in poverty. But it is also true that even before the crisis, the gains from globalization were not spread evenly. Though millions have been lifted out of poverty and everyone benefits from cheaper consumer goods and the opening of new export markets, there are still winners and losers.
With a majority of the American public now saying that they view U.S. global power and influence as being in decline, Pew Research Center president Alan Murray and CFR President Richard N. Haass sit down to discuss the latest "America's Place in the World" survey.
Experts assess the global position of the United States, current state of U.S. trade policy, and results of globalization on NAFTA.
This session was part of CFR's Stephen C. Friedheim Symposium on Global Economics which was made possible through generous support from Stephen C. Freidheim.
Thomas Glocer shares his views on globalization, financial reform, and corporate social responsibility, as well as his own experiences leading a global corporation.
Listen to Dallas Federal Reserve Bank President Richard W. Fisher analyze the importance of the Federal Reserve Bank's regulatory abilities, and the importance of regulation to recovery.
This meeting was part of the C. Peter McColough Series on International Economics.
Listen to Richard W. Fisher, president and CEO of the Federal Reserve Bank of Dallas, discuss the consequences of globalization for monetary policy.
Listen to Jagdish N. Bhagwati, CFR's senior fellow for international economics, discuss his book In Defense of Globalization with students as part of the CFR Academic Conference Call Series.
Listen to experts discuss broader global economic trends, such as the global labor market, China's changing role in the world economy, and the backlash against globalization, in this special edition of the Council's signature World Economic Update Series.
Listen to Manjeet Kripalani, the Council's Edward R. Murrow Press Fellow, lead a discussion with students on India and globalization as part of the Council's Academic Conference Call Series.
Listen to Jerry Muller, professor of history at the Catholic University of America, discuss the future of globalization, as part of the Council's C. Peter McColough Series on International Economics.
China's pursuit of natural resources is restructuring markets, pushing up commodity prices, and transforming resource-rich economies. Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth.
Edited by former Council Senior Fellow and former Maurice R. Greenberg Geoeconomics Center Director Michael Weinstein, and with original contributions from ten eminent economists, Globalization: What's New? cuts through the confusion and rhetoric surrounding globalization to offer straightforward, incisive analyses of the subject and its future.
An internationally renowned economist, Jagdish Bhagwati takes conventional wisdom—that globalization is the cause of several social ills—and turns it on its head. Properly regulated, globalization, he says, is the most powerful force for social good in the world.
In Free Trade Today, Dr. Bhagwati applies critical insights from revolutionary developments in commercial policy theory to show how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade.
What exactly is globalization, and should its effects be cheered or jeered? How have developing countries fared under globalization's new dispensation, and what if anything can be done to help them prosper? How are states and firms reacting to the new pressures placed on them? Should the international economic architecture be reformed in response?
Jagdish Bhagwati applies his characteristic wit and accessible style to the subject of globalization in this collection of public policy essays.
Economists Albert Fishlow and Karen Parker show that there is no simple link between the forces of globalization and increased wage inequality, either in the United States or in several other countries.
7:45 – 8:00 a.m. Breakfast
8:00 – 9:15 a.m. Meeting
In this Special Edition of the World Economic Update, the panel will depart from its usual agenda of assessing near-term developments and instead consider some of the broader global economic trends and longer-term prospects that are setting the terms of current policy debate, including the impact on jobs and wages, the changing role of China in the world economy, and the backlash against globalization. In addition to regular partipants Stephen Roach and Daniel Tarullo, the panel will include two distinguished academic economists with government policy experience -- Alan Krueger of Princeton and Matthew Slaughter of Dartmouth.
Williams argues that the status quo for peace operations in untenable and that greater U.S. involvement is necessary to enhance the quality and success of peacekeeping missions.
The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.
Red Team provides an in-depth investigation into the work of red teams, revealing the best practices, most common pitfalls, and most effective applications of these modern-day devil's advocates. More
Ashley's War tells the poignant and gripping story of a groundbreaking team of female American warriors who served alongside Special Operations soldiers in Afghanistan. More
Smith's insightful book explores the policy issues testing the Japanese government as it tries to navigate its relationship with an advancing China. More
Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass.
Read and download »