The State of Globalisation

Edited by Richard Baldwin and Michele Ruta

in CEPR Press Books from Centre for Economic Policy Research

Abstract: The State of Globalisation brings together leading economists to examine how technology, policy, and geopolitics are simultaneously reshaping the global economy in unprecedented ways. Far from marking a simple retreat, today’s divergent forces are transforming cross-border trade, investment, and supply chains, generating both new risks of fragmentation and fresh opportunities for cooperation. Drawing on new research presented at a landmark conference, this volume explores how these drivers interact, the historical context that shapes them, and the pressing need for institutions to adapt to maintain an open and resilient global system.

Date: 2025 Written 2025-06
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/p390 (application/pdf)

Chapters in this book:

A new Cold War? How trade and investment linkages are changing

Gita Gopinath, Pierre-Olivier Gourinchas, Andrea Presbitero and Petia Topalova

Asia became the world’s factory – can it now be the world’s service hub?

Chikako Baba, Rahul Giri, Anne Oeking and Alasdair Scott

Enduring dependence: De minimis, transshipment, and US-China trade

Caroline Freund, Aaditya Mattoo, Alen Mulabdic, Michele Ruta and Karolina Wilczynska

Fragmentation and the future of global value chains

Francesco Paolo Conteduca, Michele Mancini, Giacomo Romanini, Simona Giglioli, Alessandro Borin, Maria Grazia Attinasi, Lukas Boeckelmann and Baptiste Meunier

Geoeconomic fragmentation in services? Evidence from a new database

Nan Li and Robert Zymek

Globalisation, fragmentation, and the international monetary system

Barry Eichengreen

Industrial policies: Handle with care

Sandra Baquie, Yueling Huang, Florence Jaumotte, Jaden Kim, Rafael Machado Parente and Samuel Pienknagura

Introduction: Globalisation in flux

Richard Baldwin and Michele Ruta

Policies to facilitate adjustment to globalisation

Prachi Mishra, Lorenzo Rotunno, Michele Ruta, Petia Topalova and Robert Zymek

The trade cost of geopolitical risks

Alen Mulabdic and Yoto Yotov

Trade cooperation under geopolitical rivalry

Aaditya Mattoo, Michele Ruta and Robert Staiger

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ebooks:p390

Ordering information: This item can be ordered from
https://cepr.org/publications/p390

Access Statistics for this book

More books in CEPR Press Books from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().