The Globalization of the World’s Economies

The world is standing at a crossroads. On the one hand, economic globalization has brought unprecedented levels of prosperity. It has lifted millions out of poverty; it has massively enhanced education and skills development; it has increased the potential for the exercise of power from below, for the complexity of global supply chains renders these highly vulnerable to disruption by the protests of even small groups of people in far-flung places. On the other hand, neoliberal globalization has