Navigating the deglobalized “new normal” post COVID-19. Moderator: Rem Korteweg, Senior Research Fellow, Clingendael Institute Panellists: James Crabtree, Associate Fellow, Asia-Pacific Programme, Chatham House; Associate Professor in Practice, Lee Kuan Yew School of Public Policy, National University of Singapore Alicia García-Herrero, Senior Fellow, Bruegel This podcast episode was recorded on 13 October 2020 The AIG Global Trade Series 2020 examines the ongoing transformation of the world’s multilateral trading system. Since the financial crisis of 2008 there have been many confident predictions that we are seeing the “End of Globalization”.  A process of growing economic interconnectedness which had raised millions from poverty worldwide seemed to many to be stalling, even going into reverse, as protectionism grew in many countries and the US and China began to de-couple their economies.  The pandemic has only accelerated this shift by triggering a backlash against long, vulnerable supply chains.  It has also exposed the weakness of multilateral institutions and so raised the spectre of a deglobalized world of trading blocs and barriers. In this podcast, moderator Rem Korteweg of the Clingendael Institute is joined by James Crabtree, Associate Fellow, Asia-Pacific Programme, Chatham House; Associate Professor in Practice, Lee Kuan Yew School of Public Policy, National University of Singapore; and Alicia García-Herrero, Senior Fellow, Bruegel. Listen as they discuss the political forces driving deglobalization, including technological innovation as well as geopolitics, and what a less connected “new normal” might look like. Was the pre-pandemic model of hyper-globalization effective and sustainable? Who will be the economic winners and losers in a deglobalized world? To what extent can multilateral organizations be renewed and countries spared the necessity to choose sides in a zero-sum G-2 decoupling?