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

Share this page

Audio/Video: Reform

In the 1930s, the Great Depression reversed a long trend towards globalization: Borders were shut, trade was halted,... See more
As the 2016 presidential election approaches, the economy is a tale of two realities. On one hand, employment numbers,... See more
A reimagined capitalism requires a new kind of corporate leader—and a willingness to balance private incentives with... See more
Given that women live five-plus years longer than men, what would happen if we acknowledge that the retirement savings... See more
Much has been written about the elections this year – about the candidates, their policies, their personalities. But... See more
A healthy America requires a broad prosperity that goes beyond GDP statistics and stock-market valuations. More... See more

Pages