Henry Farrell

Will the Coronavirus End Globalization as We Know It? – with Abraham Newman

The new coronavirus is shaping up to be an enormous stress test for globalization. As critical supply chains break down, and nations hoard medical supplies and rush to limit travel, the crisis is forcing a major reevaluation of the interconnected global economy. Not only has globalization allowed for the rapid spread of contagious disease but it has fostered deep interdependence between firms and nations that makes them more vulnerable to unexpected shocks. Now, firms and nations alike are discovering just how vulnerable they are.

But the lesson of the new coronavirus is not that globalization failed. The lesson is that

Henry Farrell and Abraham Newman, “Will the Coronavirus End Globalization as We Know It?,” Foreign Affairs (online), March 16, 2020.

Access the full article here.

Other Writing:

Chapter in an Edited Volume

“Constructing Mid-Range Theories of Trust: The Role of Institutions” in Whom Can We Trust? How Groups, Networks, and Institutions Make Trust Possible (the Capstone volume of the Russell Sage Foundation project on Trust) – eds. Karen Cook, Russell Hardin and Margaret Levi

November 25, 2009 eds. Karen Cook Russell Hardin and Margaret Levi Russell Sage Foundation: 2009
The last fifteen years have seen an explosion in research on trust, but there are still important gaps in our understanding of its sources and consequences.1 In particular, we know relatively little about the relationship between trust and the other sources of cooperation that social scientists have identified, most prominently institutions, sets of rules that ...
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Essay

The New Economic Security State: How De-Risking Will Remake Geopolitics – with Abraham Newman

October 19, 2023 Foreign Affairs with Abraham Newman
In April 2023, U.S. National Security Adviser Jake Sullivan begged his listeners’ indulgence for straying out of his lane by delivering a major address about economics. But his actual argument—that decades of free-market zealotry had weakened the country’s national security—was anything but apologetic. “Ignoring economic dependencies that had built up over the decades of liberalization ...
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