Know what is globalization. Is it a force for good or a racket for the richest nations? We look at the nature, history, failures, and future of globalization.
While globalization has driven global trade, its imbalances threaten its future legitimacy. Multinational corporations can help redress this with localization strategies
In spite of forecasts about its downfall, globalization has continually adapted and survived through financial crises, political unrest, and health emergencies. But where does this idea that globalization is fragile come from? Historian Adam Tooze set out to answer in a session at the Annual Meeting of the New Champions, or the World Economic Forum's "Summer Davos", this past June.
Shifting geopolitical allegiances are slowing down the progress achieved by globalization – but addressing the climate crisis will require a shift back towards openness.
Globalization results in increased trade and lower prices. It heightens competition within domestic product, capital, and labour markets, as well as among countries adopting different trade and investment strategies. But how do these impacts net out? What are the positive and negative effects of globalization?
Globalization has worked wonders for humanity — but it needs a shake-up in the post-COVID world. Purpose-led globalization is the new name of the game — and tackling climate change is essential. Capital markets have a key role to play in enabling this new phase of globalization.
The value of global trade has only been magnified by recent turmoil, according to this chief economist, and globalisation will likely thrive as it takes on new forms and patterns.
2025 has been marked by significant global shifts, including increased geopolitical instability, the accelerating impact of AI and a changing labour market.
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.
