Deglobalization 2.0

Trade and Openness During the Great Depression and the Great Recession

Peter A.G. van Bergeijk, Professor of International Economics and Macroeconomics, International Institute of Social Studies, Erasmus University, The Hague, the Netherlands

Deglobalization 2.0 argues that Trump and Brexit are the symptoms, and not the causes, of a long sequence of alternating phases of globalization and deglobalization driven by increasing income inequality and the retreat from the global stage by a contested hegemon. Providing rich empirical details, Peter van Bergeijk investigates similarities and differences between the Great Depression of the 1930s and the Great Recession and its aftermath of a slowdown in global trade. Providing an overview of recent findings and a discussion of contributions from several disciplines, the book investigates scenarios for the future of the economic world order and proposes possible solutions.

‘Van Bergeijk does a great job of challenging some common assumptions about the benefits of trade openness, and states would do well to heed his cautions against over-commitment to economic integration without thinking hard about the distributive costs of such an exercise.’
– Mzukisi Qobo, South African Journal of International Affairs

“这是an insightful and thought-provoking book that ranges widely in its analysis of deglobalization. All students of the international economy should read the latest work of this well-respected economist.’
– Andrew K. Rose, University of California, Berkeley, US