Grave New World

The End of Globalization, the Return of History

Business & Finance, Economics, International Economics, Nonfiction, History, World History, Modern
Cover of the book Grave New World by Stephen D. King, Yale University Press
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Author: Stephen D. King ISBN: 9780300240078
Publisher: Yale University Press Publication: May 22, 2018
Imprint: Yale University Press Language: English
Author: Stephen D. King
ISBN: 9780300240078
Publisher: Yale University Press
Publication: May 22, 2018
Imprint: Yale University Press
Language: English

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

Globalization, long considered the best route to economic prosperity, is not inevitable. An approach built on the principles of free trade and, since the 1980s, open capital markets, is beginning 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 able—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 look 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 avoid the worst possible outcomes.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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

Globalization, long considered the best route to economic prosperity, is not inevitable. An approach built on the principles of free trade and, since the 1980s, open capital markets, is beginning 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 able—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 look 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 avoid the worst possible outcomes.

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