Many scholars claim that globalization is dead, and that global trade has peaked. New concepts like friendshoring, homeshoring, deglobalization, and decoupling, tend to dominate this debate. Meanwhile, the World Trade Organization is in a crisis, adding to the sense that global trade is in trouble.
But is it really true that globalization is dead? And if yes, what consequences will that have on trade and economic cooperation between countries?
Joining this episode of Trade Winds were:
Nonresident Senior Fellow, Peterson Institute for International Economics (PIIE)
President, World Economic Forum (WEF); Former Foreign Minister of Norway
Arancha González Laya
Dean, Paris School of International Affairs (Sciences Po); Former Foreign Minister of Spain
Adam S. Posen
President, Peterson Institute for International Economics (PIIE)