Globalization peaked around 2008 in terms of trade and capital flows as a proportion of world GDP and has not continued to grow at the same rate since, though it has not dramatically reversed—instead trade has become more politicized and regionalized with suspicion toward countries deemed adversaries.
factualpending
Speaker
Martin WolfEvidence Quote
“what happened between let's say 1980 and 2010 or so 2008 to 10 is completely unprecedented in world history... but if we look at it in terms of policy and in terms of actual flows of trade and capital that cease to be dynamic it seems to grow faster than the world economy about 15 years ago [26:31]”
Created: 8/12/2026, 6:24:34 PM
My Notes
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