A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years
 
The conventional wisdom about globalization is wrong. Over the past forty years as companies, money, ideas, and people went abroad, they increasingly looked regionally rather than globally. O’Neil details this transformation and the rise of three major regional hubs in Asia, Europe, and North America. Current technological, demographic, and geopolitical trends look only to deepen these regional ties. O’Neil argues that this has urgent implications for the United States. Regionalization has enhanced economic competitiveness and prosperity in Europe and Asia. It could do the same for the United States, if only it would embrace its neighbors.

A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years

Introduction: The Untold Story of Regionalization amid Globalization 1. The Rise of Regional Supply Chains 2. Europe: Regionalism through Diplomacy 3. Asia: Regionalism through Business 4. North America: The Reluctant Regionalist 5. Going Forward: As supply Chains Peak, Regional Ties Deepen 6. The United States' Best Bet: More NAFTAs and Fewer America Firsts Acknowledgments Notes Index