Globalization's Rise and Backlash

This chapter explores the contrasting views on the era of globalization from the 1990s through the early 2000s, focusing on the economic advancements alongside the populist backlash that has emerged in recent years. It discusses the complexities of trade dynamics, the effects of tariffs, and the role of the United States in shaping global economic relations. By examining historical and contemporary economic theories, the chapter sheds light on the inadequacies of traditional frameworks in addressing current global challenges.