Are global economic flows collapsing, or are they reorganising? That’s one of the intriguing questions asked by a new CEPR publication called The State of Globalisation. It brings together a series of essays on both the changes that are happening in the global economy, and the policies that can respond to these changes. So how should trade policy and industrial strategy adapt when globalization isn’t so much retreating as rerouting? Michele Ruta of the International Monetary Fund is one of the editors. He talks to Tim Phillips about the way that firms, policymakers and institutions need to adapt, and the problems of doing that when they face an uncertain future. 

Download the book: https://cepr.org/publications/books-and-reports/state-globalisation