Can globalization be rescued from itself? (Homi Kharas, John McArthur, Brookings)

Globalization—the integration among national economies of markets for goods, services, technology, capital flows, and, to some degree, labor—has played an enormous role in advancing global prosperity. Yet a backlash has emerged, manifested in the recent U.K. Brexit vote, strident “local first” demands, and calls to block trade agreements. The issues are not entirely new. In 1997 Dani Rodrik’s book famously asked Has Globalization Gone Too Far? Joseph Stiglitz published Globalization and Its Discontents in 2002. In between, the 1999 “Battle in Seattle” protests forced the World Trade Organization’s ministerial to shut down.

https://www.brookings.edu/research/can-globalization-be-rescued-from-itself/

Globalization has created wealth – but for whom? (Rana Foroohar, WEF)

Nothing resonates in the public consciousness unless it chimes with people’s felt experience. So it was quite telling a couple of years back when Thomas Piketty’sCapital in the 21st Century became the best selling book ever for Harvard University Press. Why did a nearly 700-page tome by a French academic become a mass market hit? Because it went some way towards explaining why, despite the fact that the global economy has recovered from the 2008 financial crisis and is now larger than it’s ever been, many of us feel so uneasy about our economic future. Globalization has created growth, no doubt. But what kind of growth? And for whom? Is all growth the same?

https://www.weforum.org/agenda/2016/05/globalisation-has-created-wealth-but-for-whom