Globalisation is Alive and Well … and Kicking

Reports of the death of globalisation have been greatly exaggerated. Instead, so successful has the project been that the power of those who designed it, economic policymakers, has been reduced. Deep market integration will thus continue for some time, producing further uneven distributions of capital, unemployment, growth and political equilibria. Optimising economic growth, via stability, was considered an end in and of itself. It was considered synonymous with avoiding war.