The New Age of Autarky

The most striking geopolitical feature of the past four years has not been bipolarity or multipolarity—or even great-power conflict. It has been the spectacle of major economies pursuing self-sufficiency and a partial retreat from globalization in order to ensure their security, innovative capacity, domestic stability, and economic prospects. The United States, China, and India are each now engaged in what seems like a paradoxical enterprise: the quest to increase their global status while also turning inward to become more self-sufficient.