It is one of the most powerful, pervasive and contentious phenomena of our time: globalization.
There’s no doubt it has the potential to be a great force for good. In China alone, millions of people have been brought out of poverty thanks to free trade agreements and export-led economic growth. But there have been losers – many of them. While some of the wealthiest people in the developed world have seen their fortunes grow each year, incomes for the working and middle classes have stalled, and within-country inequality has skyrocketed.
Has globalization been oversold? Or can it still be made to work for all? That’s what we’ll be examining in this series.