If You Think Globalization Is Dead, Think Again | SupplyChainBrain

If You Think Globalization Is Dead, Think Again

Global Trade Economics 1 01

In a sense, Gross is correct. The rich West launched globalization on the ideal that nations tied together by bonds of trade, money and culture are less likely to destroy one another. Now those in the U.S. and Europe who believe themselves hurt by the massive changes wrought by globalization want to reverse it. Isolationism is being heralded as independence.

But anyone who thinks globalization is dead misreads what’s really happening. While there are pockets of resistance, much of the world is still forging tighter links between countries, companies and communities. Rather than retrenching, globalization is deepening and expanding—whether angry Trump supporters or British Leave voters like it or not.

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