The Western Hemisphere and the Global World
Project Expert
About the Project
Countries throughout North, South, and Central America and the Caribbean are experimenting with how best to integrate into a globalizing world. In this context, deep divides have emerged, with some nations closing off their economies while others embrace trade. The effects of these choices for the economy and society—good and bad—increasingly reverberate in the mostly democratic political realms, affecting the aggregate over one billion citizens in the hemisphere. Through roundtables, op-eds, and short articles, I explore the many aspects of these changing policies and outcomes on issues including poverty and inequality, social mobility, economic structures, rule of law, democracy, and standards of living. Framed by research in my new book, The Globalization Myth: Why Regions Matter, this project follows the changing conceptions of and responses to globalization in the United States and the hemisphere more broadly.
-
Over the last three decades, economic growth in Central Europe, East and Central Asia, Southeast Asia, and Sub-Saharan Africa has outpaced growth in Latin America, where most economies have actually become less sophisticated and diversified. But now, current global trends are creating an opportunity for a long-delayed takeoff.
-
-
Stalemate over a trade deal with the European Union has left Mercosur on life support. Its revival depends on spurring greater intraregional trade.
-
Decoupling and derisking, deglobalization, slowbalization, and localization. Journalists, columnists, and more than a few authors are touting the end of an era of hyperglobalization characterized by …
-
The Western Hemisphere needs regional solutions to make the most of the migration wave it faces.
-
-
The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.
-
Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards.
-
-
-
Globalization is taking a beating. Its diminishing number of defenders face a rising chorus of critics, particularly in the United States, that blame it for wage stagnation, increased inequality, and…
-
Nearshoring beats reshoring and is the best way for American companies and workers to compete with the biggest economic challenge they face.
-
Shannon K. O’Neil offers a powerful case for why regionalization, not globalization, has been the biggest economic trend of the last forty years.
-
A case for greater intraregional trade in today’s changing world