Back to the Future: Is the World Heading Into a New Wave of Protectionism?

In the 1930s, the Great Depression reversed a long trend towards globalization: Borders were shut, trade was halted, and tariffs imposed. After the 2008 financial crisis, it initially seemed that this would not occur again. But free trade is now stirring strong political passions, with politicians and voters of all stripes blaming trade for rising unemployment. So are we heading for a new protectionist wave? Or is it possible to resurrect the free trade dream? Is free trade really as damaging for peoples' jobs as the critics fear anyway?

Festival: 2016

More on this Session

Watch and Listen: World

Among the things that keep former CIA director and retired General David H. Petraeus up at night: the rise of ISIS, the... See more
Determining what people must have to survive and thrive is a moving target in our increasingly connected world. Many... See more
This session will inhabit a number of angles to examine the Syrian Civil War, a conflict that’s left one in ten Syrians... See more
Technology is transforming how we provide medical care, improve diagnostics, share information, and extend the reach of... See more
How can we break the Islamic State’s brand? How far does Putin’s media machine reach? How will China grapple with... See more
In any city in the world, an extremist could explode your subway car, yet surveillance and security are more advanced... See more

Pages