Globalization Was Already on the Ropes. It’s Only Going to Get Worse

An electronic board shows benchmark indexes of the global markets, Seoul, South Korea, Jan. 2, 2017 (AP photo by Lee Jin-man).
An electronic board shows benchmark indexes of the global markets, Seoul, South Korea, Jan. 2, 2017 (AP photo by Lee Jin-man).

The world economy is caught in a vicious cycle that it cannot seem to break. It all began in 2008 with the shock of the global financial crisis followed two years later by the slow drip of the European debt crisis. In response to these events and the worldwide recession that accompanied them, many countries took steps to protect their economies from international instability and foreign competition. Yet creeping protectionism just acted as a further drag on economic growth. Continued tepid growth helped fuel the growing protectionist backlash in the industrialized world, which is poised to deliver a level of […]

Keep reading for free right now!

Enter your email to get instant access to the rest of this article, get five free articles every 30 days, and to receive our free email newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Become a member now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Weekly in-depth reports, including features on important countries and issues.
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.
  • Completely ad-free reading.

And all of this is available to you — right now for just $1 for the first 30 days.

More World Politics Review