Is deglobalisation already happening?

In this episode of The Sound of Economics, Giuseppe Porcaro invites Uri Dadush to discuss whether deglobalisation is happening worldwide. They discuss the impacts of this on the global economy and what it may mean for internal relations. In his recent research, Uri detailed how, despite the current bleak rhetoric surrounding deglobalisation, most countries have seen increased international integration across nearly all goods, services and factor markets. He acknowledges, however, that geopolitics could prevail over economics in the future of globalisation.

Relevant publication:

Dadush, U. (2022) ‘Deglobalisation and protectionism’ Working Paper 18/2022, Bruegel