Globalization

Foreign Affairs Article

Freight Pain

Author: Marc Levinson

The golden age of globalization is over due to slower, costlier, and less certain transportation. In retrospect, Americans may lament too little globalization, not too much.

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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