Tyler Cowen, Columnist

Globalization Goes National

Trade deals are stalled, but barriers are falling inside nations. Economically, it's much the same thing.

Barrier-busters.

Photographer: Udit Kulshrestha/Bloomberg
Lock
This article is for subscribers only.

Trade agreements are stalled or collapsing. Brexit won. World trade volume is slowing down. Has globalization hit a wall?

Not exactly. Globalization isn’t so much slowing as it is taking new forms. The most potent form of globalization today is occurring inside nations, notably China and India.