Daily Review: How ‘Reglobalization’ Is Changing the World

Daily Review: How ‘Reglobalization’ Is Changing the World
An electronic board shows benchmark indexes of the global markets, Seoul, South Korea, Jan. 2, 2017 (AP photo by Lee Jin-man).

We’re taking today’s newsletter to highlight an in-depth article by Roland Benedikter on the changing global order that we published earlier this week.

In recent years, there’s been a vigorous debate about the state of globalization. There’s no doubt that the decades following the end of the Cold War ushered in a kind of golden age for globalization—a period of deep economic integration in what became known as the liberal international order.

But since the mid-2010s, many observers have pointed to growing geopolitical competition and nationalist impulses as evidence that the international order is deglobalizing. Others say deglobalization is a myth, pointing to the persistence of globalized supply chains and international trade.

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