Globalization

Must Read

Washington Post: Why the Elites Are Rising Up

Author: Jackson Diehl

"[G]lobalization is not merely an economic story. It is accompanied by the spread of freer and more inclusive elections to dozens of countries where they were previously banned or rigged. That has enabled the rise of populists who cater to globalization's losers and who promise to crush the old establishment and even out the rewards. In country after country, they've succeeded in monopolizing the political system. Hence, the elite revolt."

See more in Global; Globalization; Political Movements and Protests

Ask CFR Experts Asked by Fagner Dantas, from Universidade Federal da Bahia

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.

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See more in Global; Globalization; Financial Crises

Foreign Affairs Article

The Democratic Malaise

Author: Charles A. Kupchan

Globalization is widening the gap between what voters demand and what their governments can deliver. Unless the leading democracies can restore their political and economic solvency, the very model they represent may lose its allure.

See more in Globalization; Global

Op-Ed
Renewing America

Renewing America

Globalization Marches On

Author: Jagdish N. Bhagwati
Project Syndicate

Jagdish Bhagwati writes that the economic crisis may, accidentally, establish a pro-globalization consensus that spans East and West.

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Video

Trade Tensions: Challenges and Opportunities After the Midterm Elections

Speakers: Charlene Barshefsky, Jagdish N. Bhagwati, and Douglas A. Irwin
Presider: Edward Alden

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.

See more in Trade; Globalization; United States

Audio

Trade Tensions: Challenges and Opportunities After the Midterm Elections (Audio)

Speakers: Charlene Barshefsky, Jagdish N. Bhagwati, and Douglas A. Irwin
Presider: Edward Alden

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.

See more in Trade; Globalization; United States