Will Globalization Survive?
Published: December 2005
Globalization is not inevitable. It depends on politics. Today, it depends above all on US politics. Without successful US leadership, the present globalization may founder, just as the last one did. In this article Martin Wolf, associate editor and chief economics commentator at the Financial Times, starts by analysing the driving forces behind globalization. He then looks at its impact, before examining the risks that lie ahead. He concludes with a few ways to minimise those risks.