The Globalization Myth

Why Regions Matter

By: Shannon K. O’Neil

Narrated by: Suzie Althens

A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years

The conventional wisdom about globalization is wrong. Over the past forty years as companies, money, ideas, and people went abroad more often than not, they looked regional rather than globally. O'Neil details this transformation and the rise of three major regional hubs in Asia, Europe, and North America. Current technological, demographic, and geopolitical trends look only to deepen these regional ties. O'Neil argues that this has urgent implications for the United States. Regionalization has enhanced economic competitiveness and prosperity in Europe and Asia. It could do the same for the United States, if only it would embrace its neighbors.

©2022 Shannon K. O’Neil (P)2022 Kalorama

Well researched and persuasive

Gives classic and recent examples, and provides recommendations for how regions can and should work closely together.

Sensible

Reduces the complexity and all the hyperbolic perceptions into a concise no nonsense logically supported set of ideas and recommendations.

Fine overall but a bit naive

The idea that regional economic is pursuable in the current political client seems like a naive academic exercise.