The end globalisation?
A visual guide to the future for global integration
China’s re-emergence as an economic power was the big driver of globalisation over the past two decades. But it also contained the seeds of a fracturing Sino-US relationship.
Globalisation is now in partial reverse as separate US- and China-led economic spheres emerge and the decoupling that began with trade increasingly spreads into technology, market access and financial ties.
This Capital Economics guide to our recent work on globalisation provides context for the war in Ukraine, addressing three key questions:
- Has global integration reached its limits?
- Is globalisation going into reverse?
- How is China balancing its relationships with Russia and the West?
Download our summary to learn more about the outlook for globalisation.