Globalization and finding a happy medium

We could have a better globalization, but the risk we face is that 'globalization shifts into an uglier form in which a combination of economic nationalism and geopolitical concerns result in a highly fragmented world where nobody is safer or better off economically.'

Prime Minister Justin Trudeau, pictured on June 6. In a world of secular stagnation, governments will find themselves unable to deliver on promises of healthcare and pensions and workers will see a shrinkage in living standards, writes David Crane. The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

June 13, 2022

TORONTO— The war in Ukraine clearly shows that globalization is alive, though not well. Rising threats of a world food crisis, along with soaring energy and fertilizer prices, disruption in global supply chains, the risks of a debt crisis in the world’s poorest countries, high inflation and a sh...

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