We’re taking today’s newsletter to highlight an in-depth article by Roland Benedikter on the changing global order that we published earlier this week.
In recent years, there’s been a vigorous debate about the state of globalization. There’s no doubt that the decades following the end of the Cold War ushered in a kind of golden age for globalization—a period of deep economic integration in what became known as the liberal international order.
But since the mid-2010s, many observers have pointed to growing geopolitical competition and nationalist impulses as evidence that the international order is deglobalizing. Others say deglobalization is a myth, pointing to the persistence of globalized supply chains and international trade.