The End of the American Era of Globalization: Historical and International Perspectives (Routledge Studies in the Modern World Economy)

This book explores the fading era of globalization that emerged in the 1980s and 1990s, driven by the United States-a former champion of economic globalism-now adopting nationalistic and autarkic policies such as higher import tariffs and restricting the inflow of new immigrants and/or deporting migrants.By synthesizing long-run economic history with contemporary issues, the book provides a much needed historical and international perspective on the cumulative tensions leading to this shift, including economic nationalism, protectionism, financial instability, rising inequality, and geopolitical rivalries. The book examines globalization’s evolution, from the Renaissance to the present, and contrasts its impact on the global north, global south, and former socialist countries of the Soviet bloc.It delves into the social and political fallout of neoliberal globalization, addressing topics such as wealth inequality, the international mobility of billionaires and global talent, the role o