The Real Economy: Weary of Disruption and Transformation, Globalization-Lite Hits the Spot

Much is being said about the demise of globalization, but its death notice is premature. It also significantly underestimates the durability of the international institutions constructed post-WWII and how the digital economy will effectively blunt this latest round of temporary global protectionism. In this issue of The Real Economy, we explore the evolution of the digital economy and its impact on policies, populism, globalization, and growth. In addition, we estimate recession probability, examine the latest numbers on gross domestic product, provide insights on the impact of the coronavirus on the economy and industries, and look at digital transformation trends in health care.