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A sweeping case that a new age of economic localization will reunite place and prosperity, putting an end to the last half century of globalization - by one of the preeminent economic journalists writing todayAt the dawn of the twenty-first century, Thomas Friedman, in The World Is Flat, declared globalization the new economic order. But the reign of globalization as we've known it is over, argues Financial Times columnist and CNN analyst Rana Foroohar, and the rise of local, regional, and homegrown business is now at hand. With bare supermarket shelves and the shortage of PPE supplies, the pandemic brought the fragility of global trade and supply chains into stark relief. The tragic war in Ukraine and the political and economic chaos that followed have further underlined the vulnerabilities of globalization.
About the Author
Rana Foroohar is Assistant Managing Editor at TIME and the magazine's economics columnist. She also appears regularly on CNN as global economic analyst, and is a frequent contributor to New York City's public radio station WNYC as well as other radio and TV networks.
