rodrik206_In Pictures Ltd.Corbis via Getty Images_trade In Pictures Ltd./Corbis via Getty Images

What’s Next for Globalization?

With hyper-globalization in decline, the world has an opportunity to right the wrongs of neoliberalism and build an international order based on a vision of shared prosperity. But to do so, we must prevent the national-security establishments of the world’s major powers from hijacking the narrative.

CAMBRIDGE – The narrative that underpins the current global economic system is in the midst of a transformative plot twist. Since the end of World War II, the so-called liberal international order has been premised on the free flow of goods, capital, and finance, but this arrangement now seems increasingly anachronistic.