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The traditional rules-based system of the West, which has yielded peace dividends for many decades, now faces challenges from an emerging new world order. Building upon the themes introduced in Grandjean and Tan's Financial Times Readers'Best 2021 Summer Books, Values at the Core: How Human Values Contribute to the Rise of Nations, this book adopts a fresh perspective, examining historical precedents while charting a course for the future. Through accessible economic and social analyses of 12 nations, it offers insights into potential pathways forward.

Globalization: A Key Idea for Business and Society analyzes today's process of global integration. Globalization is seen as a complex phenomenon, the drivers of which are of a technological, institutional, cultural and, not least, political nature.The book includes a historical analysis of the rise, and fall, of the “first globalization” wave which took place between the end of the Napoleonic Wars and the Great War. The chapters focus on the measurement of the global integration process, on the in-depth analysis of the above mentioned “drivers”, and on some of the actors playing a relevant role in the process itself – multinational companies and governments as owners of global companies. The conclusion of the book provides a perspective on the current “globalization backlash”, its determinants and possible future alternative scenarios.This book is an ideal resource for students and practitioners interested in past, present and future globalization.