Practice question · Select all that apply
Which observations support the sceptical position on globalisation?
Hints
- Three of these are the sceptics’ standard evidence; one is the transformationalist reply to them.
- Ask which observation makes the present look unusual rather than familiar.
Show the answer
- B. Much of the legal and institutional openness was created by deliberate state decisions
- C. Trade, investment and migration are heavily concentrated among a small group of rich economies
- D. Trade and capital flows relative to output were already high before 1914
Why
The first three all say the same thing in different registers: the phenomenon is smaller, more concentrated and more politically authored than the hyperglobalist picture allows. The fourth is the reply, and it concedes the ratios while disputing what they are ratios of.
Practise Globalisation
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