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Deglobalization and Its Discontents

If great power rivalries, and how well or poorly they were managed, shaped much of the history of the past few centuries, the current era is more likely to be defined by global challenges and how well or poorly the world addresses them. Above all, that requires avoiding false cures.

NEW YORK – Increasing global interconnection – growing cross-border flows of people, goods, energy, emails, television and radio signals, data, drugs, terrorists, weapons, carbon dioxide, food, dollars, and, of course, viruses (both biological or software) – has been a defining feature of the modern world. The question, though, is whether globalization has peaked – and, if so, whether what follows is to be welcomed or resisted.

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