In the nineties, when you talk about globalization going into hyperdrive, what were the economic links between the united states and russia? There was some trade, an energy, pretty limited. You'd be staggered by how small the connections were. And i wonder which countries became most economically dependent or most integrated with each other.
The 1990 opening of a McDonald's in Russia heralded not just burgers and fries but, get this, a new era of peace and prosperity. The Economist’s Patrick Foulis explains how the promises of globalization never entirely materialized.
This episode was produced by Avishay Artsy, edited by Matt Collette, fact-checked by Laura Bullard with help from Victoria Dominguez, engineered by Paul Mounsey, and hosted by Noel King.
Transcript at vox.com/todayexplained
Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices