Jean Pisani-Ferry discusses the development of globalisation during the last decade and the challenges ahead. The speed and magnitude of the transformation affecting the world economy are larger than initially envisaged, while domestic policy reforms and redistribution have often been insufficient to cope with this adjustment challenge. Against this background, the definition of a renewed agenda that builds on the success of the initial one should be a priority for progressive governments. This paper was presented at the Progressive Governance Summit 2008.
