Has Globalization Passed its Peak?
Foreign Affairs, Vol. 86, No. 1, pp. 103-114, January/February 2007
12 Pages Posted: 4 Mar 2008
Abstract
The end of the world as we know it.
Once upon a time, not very long ago, economic globalization - the free worldwide flow of capital, goods, and labor - looked both inevitable and inexorable. Most governments seemed to embrace the very real benefits being offered by rapid technological change and international markets and sought to liberalize their economies in order to maximize these gains. Policymakers worked to prepare their societies for a world of ever-increasing interconnectedness and relentless competition, and the debate - at least within the United States - started to revolve around how to cope with the effects of this new "flat" earth.
Suggested Citation: Suggested Citation