What is globalization anyway? | World Economic Forum
Jan 10, 2017 · Globalization – a phenomenon that has defined the world's economy in recent decades – is under pressure. As Donald Trump prepares for his tenure in the White House, he talks of dismantling a whole history of globalized trade that he sees as having had a catastrophic effect on the global economy.
A brief history of globalization | World Economic Forum
Jan 17, 2019 · In a world increasingly dominated by two global powers, the US and China, the new frontier of globalization is the cyber world. The digital economy, in its infancy during the third wave of globalization, is now becoming a force to reckon with through e-commerce, digital services, 3D printing.
Globalization isn't finished – it can unlock new growth and beat …
Oct 15, 2024 · The era of growing globalization between 1960 and the beginnings of the Global Financial Crisis in 2006-2007 reflected a positive-sum belief that globalization – including open markets, trade and cross-border flows of physical, intangible and financial capital – would produce net benefits. All nations could be winners.
An economist explains the pros and cons of globalization
Apr 11, 2019 · As we enter the fourth wave of globalization, driven by the digital revolution, there is renewed debate over whether it is a beneficial force: powering economic growth, and allowing the spread of ideas to improve people’s lives; or whether it erodes communities, and widens the gap between the elites and the rest of the world.
Is globalization dying? An economic historian weighs up the …
Aug 2, 2024 · Globalization has brought very different levels of gain, not only across social groups but across countries. “For the vast majority of Americans, globalization has not been a winning story,” Tooze explained, talking audience members through the following figure that depicts globalization-induced GDP gain across 45 countries.
Why the world needs better - not less - globalization
Dec 14, 2020 · The globalization of the future will centre on East Asia, which accounts for half of the world’s population and is the fastest-growing economic region. The rapid recovery of this region from the COVID-19 crisis and the November 2020 Regional Comprehensive Economic Partnership of 14 Asia-Pacific economies will reinforce its rising economic and ...
Davos 2023: a 'cocktail' of globalization is the future | World ...
Jan 18, 2023 · Globalization is declining for the first time since the Second World War, but what does the future hold? A 'cocktail' of globalization will define this new era, Adam Tooze told Davos at a session on 'De-Globalization or Re-Globalization?' The energy transition will create more connections, as part of the shifting mix.
When did globalization begin? The answer might surprise you
Jan 16, 2019 · The obsession with globalization in its contemporary form has meant that the entire debate around it lacks awareness of its previous forms across time and space. This has led to the simplistic assumptions that globalization, firstly, entails the rise of the West and the fall of the East and, secondly, has been mainly driven by technology.
Are we heading towards re-globalization, not deglobalization?
Mar 15, 2023 · The latest DHL Global Connectedness Index sees the resilience of global flows as a strong foundation for ‘re-globalization’, in which globalization is reformed to make it work better for everyone. While there are threats to globalization, the report says, there is limited evidence of a fracturing of the world economy into rival blocs.
These 13 charts show what the world really thinks about …
Jan 20, 2019 · The rise of populism, nationalism and protectionism are all associated with waning support for globalization, but a new poll for the World Economic Forum’s Annual Meeting 2019 shows high levels of support worldwide for international collaboration, immigration, and the personal benefits from globalization.