Outside the Box

In Outside the Box, acclaimed author Marc Levinson explores the complex history of globalization over the past two centuries, revealing how it has transformed economies and societies. He examines the dramatic changes that began in the 1980s with long-distance value chains, which relocated manufacturing to Asia, leading to significant job losses in North America and Europe. Levinson argues that while technological advancements enabled this global shift, poor risk assessment and government interventions have contributed to recent declines in cross-border investment and trade. As globalization transitions into a new era focused on services, information, and ideas, Levinson provides insights on how to navigate its evolving landscape.