The Future of Globalization | Quick Take | GZERO Media скачать в хорошем качестве

The Future of Globalization | Quick Take | GZERO Media

The US isn't leading globalization anymore, but it's not unwinding globalization either. Subscribe to GZERO on YouTube: http://bit.ly/2TxCVnY Ian' Bremmer's Quick Take: Hi everybody, Ian Bremmer here, and a Quick Take to get us kicked off this Monday morning. I thought I'd go a little macro today and talk about the future of globalization, because I hear so many people talking about the last 30 years of being this unprecedented period of goods and services and people and ideas and capital moving faster and faster across borders all over the world. And now, not anymore. Now, it's all about my country first and it's nationalists and it's insourcing and it's decoupling. And so we've hit this tipping point. Or have we? I don't quite buy this narrative that globalization is over. Rather, I think it's not being driven. I think people are angry about it and it's being fought over, but that's very different from saying that spikes are being put into it. And let me explain what I mean. I do think that the era of globalization, where the United States as a singular country with its allies was driving, actively leading and driving a system where tariffs were being reduced and institutions were being created to ensure freer and more efficient trade. That was unique. It was something that we experienced in the world, basically from the seventies, picking up momentum through the nineties, with the Chinese particularly getting much, much bigger, with the Soviets then collapsing and most of those economies getting integrated into a more global order. Right up through the last, say, 10 years, that let's say almost half a century, if you look at global human development indicators like expansion of lifespan or reduction of infant mortality or education rates or average income levels, just an unprecedented improvement across the world. And most importantly, if you were an alien looking down on the planet, what you'd see is the emergence of a global middle class. And you'd see immense reduction in human poverty. Now, the fact that a lot of that within the United States and other countries driving it was also accompanied with policy failures, with a lack of change of institutional reforms inside the countries, with social safety nets that were eroding meant that there was much greater levels of inequality, of outcome and of opportunity inside those countries and a lot of people got angry and angrier with globalization. At the same time, over the last few years, post the 2008 financial crisis, post the pandemic, with increasing impact globally of climate change and now with the Russia-Ukraine war, all of those things are driving much greater instability and inequality, not just in the advanced industrial economies, but in the developing world as well. And that's creating a lot more anger and pushback against the process of globalization. Where I want to be clear is that's not suddenly making the Americans turn against globalization. Rather, it's making the Americans not sure where they want to go. It means that the United States aren't leading further globalization going forward, and no one really is. So you had 30 to 50 years where the Americans and increasingly everyone on that boat were saying, "Yes, let's push hard to have more and more open markets." And now you have governments all over the world saying, "We're not really sure what we want, where we want to go." That's very different from the idea of deglobalization. Read the full transcript here: https://www.gzeromedia.com/quick-take... Sign up for GZERO’s free newsletter on global politics, Signal: http://bit.ly/gzerosignal Subscribe to the GZERO podcast: https://podcasts.apple.com/us/podcast... Like GZERO on Facebook:   / gzeromedia   Follow GZERO on Twitter:   / gzeromedia   Follow GZERO on LinkedIn:   / 18385722   GZERO Media is a multimedia publisher providing news, insights and commentary on the events shaping our world. Our properties include GZERO World with Ian Bremmer, our newsletter Signal, Puppet Regime, the GZERO World Podcast, In 60 Seconds and GZEROMedia.com #QuickTake #Globalization #GlobalTrade