Predictions that the coronavirus pandemic would kill globalization began to emerge within weeks of the economic shutdowns it unleashed. Now, Russia’s war in Ukraine has crystallized a consensus that globalization is experiencing its death throes. Rumors of globalization’s death, however, are likely premature.
There is nothing more depressing than seeing policymakers surprised by a crisis that informed observers have been predicting for many years. A case in point is the way the EU and the U.K. have lurched into furious action after Russia’s invasion of Ukraine to address their energy dependence on Russia and other autocracies.
In October 2020, nearly 80 percent of Chileans voted in favor of rewriting the country’s constitution. On Sunday, over 60 percent of them voted to reject the document that resulted from that process. But this weekend’s result does not reflect a change in public opinion regarding whether the current constitution should be reformed.
Many Americans were reminded last week that the United States remains actively engaged in military combat. But this conflict is not in Afghanistan, where the U.S. withdrew its forces last August. Nor is it in Ukraine, where President Joe Biden has gone out of his way to avoid direct military involvement. It’s in Syria.
Last week, prosecutors asked a judge to sentence Argentinian Vice President Cristina Fernandez to 12 years in prison and ban her from public office for life for her alleged role in a yearslong corruption scheme. She denies the charges and, in fact, has once again managed to turn a legal peril into a political win, at least for now.