Christopher M. Meissner discusses his new book One From the Many: The Global Economy Since 1850. at the Peterson Institute for International Economics on June 17, 2024.

The recent surge in arguments that the global economy has begun to "de-globalize” has prompted questions about the survival of globalization. Meissner argues that based on the long-run of history, globalization will not be easily vanquished.

His book provides a brief introduction to the economic history of the global economy and the process of globalization since 1850, explaining the rise in all key indicators of globalization between 1850 and 1914, stagnation between 1918 and 1939, and the reemergence of globalization after World War II as global economic integration deepened.

Given these lessons, the global economy will almost surely survive and integration will continue to grow, but policymakers are also considering the political implications of hyper-globalization and the benefits of industrial policy. Meissner will discuss in particular what the rise of China and the impacts of the eurozone crisis mean for global economic integration and cooperation.

A discussion with PIIE board member Caroline Atkinson and a moderated Q&A with the audience follows Meissner's presentation.

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Thumbnail credit: Sarah Tew/PIIE via adobestock.com; Oxford University Press

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