For much of the post-World War Two period, the world seemed on a path of ever-greater collaboration among the principal economic centers. In the past decade, economic and political trends have called this upward tendency into question. Within both advanced industrial and developing nations,...

Into the twentieth century -- I: Last best years of the golden age, 1896-1914. Global capitalism triumphant -- Defenders of the global economy -- Success stories of the golden age -- Failures of development -- Problems of the global economy -- II: Things fall apart, 1914-1939. "All that is solid...

Is there a valid argument for international cooperation, and some form of international governance structure, in the international monetary realm? On the purely economic front, the argument is not strong. Yet a broader political economy approach concludes that national currency policy can in...

Is there a valid argument for international cooperation, and some form of international governance structure, in the international monetary realm? On the purely economic front, the argument is not strong. Yet a broader political economy approach concludes that national currency policy can in...

A backlash against globalization has led to widespread political movements hostile both to economic integration and to existing political institutions throughout the advanced industrial world. Openness to the movement of goods, capital, and people has had important distributional effects. These...

A populist backlash to globalization has ushered in nationalist governments and challenged core features of the liberal international order. Although startling in scope and urgency, the populist wave has been developing in declining regions of wealthy countries for some time. Trade, offshoring,...