Globalisation | The Daily Star
  • Why we need globalisation

    From the Brexit vote to Donald Trump's election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalisation. But globalisation does not deserve voters' ire.

  • The globalisation of our discontent

    Fifteen years ago, I published Globalization and Its Discontents, a book that sought to explain why there was so much dissatisfaction with globalisation within the developing countries.

  • The new socialism of fools

    According to standard economic theory, redistribution only comes about when a country's exports require vastly different factors of production than its imports. But there are no such differences in today's global economy.

  • Globalisation and its new discontents

    The failure of globalisation to deliver on the promises of mainstream politicians has surely undermined trust and confidence in the “establishment.” And governments' offers of generous bailouts for the banks that had brought on the 2008 financial crisis, while leaving ordinary citizens largely to fend for themselves, reinforced the view that this failure was not merely a matter of economic misjudgments.

  • From the frying pan to the fire?

    If the last two centuries were of inconclusive and asymmetrical globalisation, the present one deserves to be called the century of migration.

Top