The death of globalisation?

Published: Feb. 27, 2023, 9 p.m.

Professor Ian Goldin explores globalisation, and asks how far the world is fragmenting politically and economically, and what the consequences of that could be.

Since around 1990, with the end of the Cold War, the opening of China, global agreements to reduce trade barriers and the development of the internet, there has been a dramatic acceleration of globalisation.

But its shortcomings are under the spotlight. Governments are making policy choices that protect their industries, and there\u2019s a knock on effect on other countries and consumers around the world.

How can the challenges be addressed?

With contributions from:

Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation. \nMinouche Shafik, President and vice-chancellor of the London School of Economics\nZanny Minton Beddoes, Editor of The Economist \nRana Foroohar, Financial Times commentator and author.\nKishore Mahbubani, former Ambassador to the UN

Credits: \nCBS News, 24.09.19 \u2013 Donald Trump addressing the UN General Assembly in New York, pushing his \u2018America First\u2019 agenda. \nConservative party, 02.10.19 \u2013 Boris Johnson at Conservative party conference \u2018Let\u2019s get Brexit done.\u2019 \nThe White House, 04.03.22 \u2013 Joe Biden announce his \u2018Made in America\u2019 commitments. \nWorld Economic Forum, 18.01.23 - German Chancellor, Olaf Scholz, addresses the World Economic For in Davos, warning of the dangers of de-globalisation.\nBBC Newsnight,19.02.97 - Reporter Mike Robertson, reports on Xiao Ping\u2019s economic legacy.\nBBC interview, 2005 - Tim Berners Lee describes the creation of the worldwide web.\nBBC Newsnight, 10.11.89 \u2013 reporter piece from the Berlin Wall. \nBBC Radio 5Live, 26.01.23 \u2013 Latest UK car manufacturing figures from 5Live presenter Rachel Burden and detail from BBC Business editor, Simon Jack.\nCourtesy, Ronald Reagan Presidential Library, 26.11.88 \u2013 Ronald Reagan\u2019s radio address to the nation where he reminds the US to be thankful for economic prosperity generated by global trade. \nCourtesy, William J. Clinton Presidential Library, 28.01.2000 - President Clinton addresses the World Economic Forum about the connections between the global economy and US prosperity.