Treasury & Capital Markets /
Viewpoint
Global economic ties leave globalization behind
Globalization survived Brexit and Donald Trump, and it appeared to be thriving even after the Covid-19 pandemic. But with Russia’s invasion of Ukraine, the economic “mutual assured destruction” that was supposed to deter decoupling apparently reached its limits
Pinelopi Koujianou Goldberg
22 Sep 2022
After decades of unprecedented openness, international economic relations have entered a new era, characterized by mistrust and division. Given the potential costs of this shift, it is worth retracing how we got here.