Ep. 142: Shannon O’Neil on What Everyone Gets Wrong About (De)Globalisation

Shannon O’Neil is the vice president, deputy director of studies, and Nelson and David Rockefeller senior fellow for Latin America Studies at the Council on Foreign Relations. She is an expert on global trade, supply chains, Mexico, Latin America, and democracy. Shannon is the author of The Globalization Myth: Why Regions Matter, and Two Nations Indivisible: Mexico, the United States, and the Road Ahead. Shannon has often testified before Congress. Before turning to policy, Shannon was an equity analyst at Indosuez Capital and Credit Lyonnais Securities. This week’s podcast covers: 

• Did globalisation increase that much in the past? 
• Hypergrowth regions 

• Asia: private sector-led trade opening 
• Japan’s important role 
• China’s Belt and Road Initiative 
• Premature de-industrialisation 
• Why distance matters 

• Europe: Government-led trade opening 
• Post-War context 
• North America: half-hearted trade opening 
• The value of regionalisation 
• Why South America didn’t regionalise 

• US-China de-coupling 
• Books mentioned: Blindness (Saramago), The Power Law (Mallaby), The Road Not Taken (Boot) 

You can find Shannon’s new book “The Gloablization Myth” here and you can follow her here 

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