Globalization

Op-Ed

Let's Have a Real Debate on Globalization

Author: Matthew J. Slaughter
Wall Street Journal

Many are viewing the UAW-GM strike as Exhibit A for how globalization damages America . Matthew Slaughter argues that America ’s automobile industry is a prime example of the aggregate gains generated by the dynamic and interrelated forces of trade, investment and technological change.  He questions how the presidential contenders will craft an American economic policy that both allows greater globalization and also spreads its gains as widely as possible.

See more in United States; Globalization; Elections

Teaching Module

Teaching Module: In Defense of Globalization

Author: Jagdish N. Bhagwati

This module features teaching notes by CFR senior fellow Jagdish N. Bhagwati, author of In Defense of Globalization, along with other resources to supplement the text. In this new edition of his popular book, Bhagwati argues that, when properly regulated, globalization can be the most powerful force for social good in the world today.

See more in Globalization; Global

Foreign Affairs Article

A New Deal for Globalization

Authors: Kenneth Scheve and Matthew J. Slaughter

Globalization has brought huge overall benefits, but earnings for most U.S. workers -- even those with college degrees -- have been falling recently; inequality is greater now than at any other time in the last 70 years. Whatever the cause, the result has been a surge in protectionism. To save globalization, policymakers must spread its gains more widely. The best way to do that is by redistributing income.

See more in United States; Globalization; Labor

Foreign Affairs Article

Has Globalization Passed Its Peak?

Authors: Rawi Abdelal and Adam Segal

Not long ago, the expansion of free trade worldwide seemed inevitable. Over the last few years, however, economic barriers have started to rise once more. The forecast for the future looks mixed: some integration will probably continue even as a new economic nationalism takes hold. Managing this new, muddled world will take deft handling, in Washington, Brussels, and Beijing.

See more in Trade; Globalization; Global