The Great Disconnect: Hopes and Fears After the Excess of Globalization

Despite its excesses and contradictions, globalization has lifted billions of people out of poverty, enabled scientific progress, and reduced conflict. Nevertheless, globalization is going through a deep crisis. Marco Magnani identifies four forces that are fueling the « great disconnect» : economic and technological trends are reshaping global value chains; do-mestic political dynamics are fostering closures in an attempt to protect national interests; external shocks (pandemics, wars, fin...