Globalization in the 21st Century

The fate of globalization in the 21st century hangs in the balance. Although recent data show that most global integration has been on the rebound after the 2008-9 global financial meltdown and the COVID-19 pandemic, public sentiments about globalization have soured. The neoliberal glorification of globalization as beneficial market integration is running out of steam, while national-populist visions of “deglobalization” exert significant mass appeal. Today’s ostensible globalization backlash sc