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Grave New World: The End of Globalization, the Return of History

Amazon.com Price: $20.12 (as of 04/05/2019 18:40 PST- Details)

Categories: Books, Business and Money, Economic History, Economics, Globalization, History, Ideologies and Doctrines, International, Management and Leadership, Nationalism, Planning and Forecasting, Politics and Government, Politics and Social Sciences, Specific Topics, Subjects, World

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A controversial have a look at the end of globalization and what it means for prosperity, peace, and the global economic order

Globalization, long regarded as the most efficient route to economic prosperity, isn’t inevitable. An approach built on the principles of free trade and, for the reason that 1980s, open capital markets, is starting to fracture. With disappointing growth rates across the Western world, nations are no longer willing to sacrifice national interests for global growth; nor are their leaders ready—or willing—to sell the idea of pursuing a global agenda of prosperity to their citizens.

Combining historical analysis with current affairs, economist Stephen D. King provides a provocative and engaging account of why globalization is being rejected, what a world ruled by rival states with conflicting aims might seem like, and how the pursuit of nationalist agendas could result in a race to the bottom. King argues that a rejection of globalization and a return to “autarky” will risk economic and political conflict, and he uses lessons from history to gauge how best to steer clear of the worst conceivable outcomes.

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