The World After Globalisation

Globalisation is retreating. The world is fragmenting. And the rules of the old order no longer apply.

For four decades, the world economy was built on a single premise: that borders should be thin, supply chains should be global, and governments should not pick winners. That premise is dead. The pandemic exposed the fragility of just-in-time supply chains. Russia's invasion of Ukraine revealed the danger of energy dependency. And US-China rivalry has made economic interdependence a strategic vulnerability rather than a source of peace.

In The World After Globalisation, Nicholas Holt maps the emerging architecture of a fragmenting world. From the supply chain revolution - friendshoring, nearshoring, and the impossible dream of reshoring - to the return of industrial policy, from the proliferation of regional trade blocs to the digital borders of data localisation and cyber sovereignty, Holt traces the end of one economic order and the uncertain birth of another.

Inside, you will discover:

• Why offshoring is over and what comes next: the real economics of moving production away from China
• The CHIPS Act and Made in China 2025: how governments are picking winners again - and why some will fail
• Regional trade blocs: RCEP, CPTPP, and the fragmentation of global commerce into competing spheres
• The commodity shock: why prices, scarcity, and inflation are the new normal in a less connected world
• The digital border: data localisation, cyber sovereignty, and the splinternet that is dividing the online world

Three futures for the post-global world:

1. Regionalism: Three or four self-sufficient blocs competing for resources and markets
2. Managed Interdependence: A rules-based system that permits trade only between trusted partners
3. Chaos: A world of tariff wars, currency wars, and resource conflicts without governing institutions

For business leaders restructuring for a new era, investors reallocating for fragmentation, and citizens who want to understand why their world is changing, The World After Globalisation is the essential guide to the new regionalism.