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Description of  The Globalization Myth: Why Regions Matter (Council on Foreign Relations Books)

0300274114 pdf 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, they increasingly looked regionally rather than globally. ONeil 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. ONeil 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.