Globalization

This encore interview was first broadcast in February, 2018

With more than 500 million citizens in its 28 member states, the European Union has long embodied the dream of a united Europe, where the free movement of goods, capital, services and workers would lead to greater economic and political clout for all. But in recent years, the fissures within the EU have deepened. The Syrian refugee crisis, the economic downturn, a spate of terrorist attacks and the Greek financial bailouts have roiled the EU.  And then came Brexit, the decision by British voters to exit the European Union, much to the surprise and consternation of the many observers who expected the referendum to fail.

    

This interview was originally broadcast in June, 2017.

In recent years, the powerful and at times unexpected impacts of globalization have sent shock waves through our country’s political, economic and social systems. The promise that open trade and investment would bring new jobs, economic growth and price stability has not materialized for many Americans, who have seen their standard of living stagnate or diminish. At the same time, there is widespread disagreement about what our country needs to do to more effectively compete in the current global marketplace.