After decades of economic integration, one crisis after another threatens to fragment the global economy.
The end of the Cold War, free trade and technological progress helped create a global system sensitive to what was happening on the other side of the world.
Globalization has been credited with growing economies, raising incomes and lifting millions out of poverty.
But the pandemic and war in Ukraine have exposed the fragility of this economic interdependence.
Globalization, meanwhile, has been criticized for exacerbating inequality, with international charity Oxfam saying the world’s richest 1% have owned almost twice as much wealth as the rest over the past two years .