Economic & BusinessHard DifficultyIn the news, Sept 2026

Is the era of globalization over?

Facts checked 29 September 2026 for the CAT 2026 cycle

Quick Answer

WAT Topic: "Is the era of globalization over?" - economic category, hard difficulty. Consider 2 perspectives for a balanced essay.

Both Perspectives

Yes, Ending

  • 1Supply chain reshoring post-COVID
  • 2US-China decoupling accelerating
  • 3Protectionism rising worldwide
  • 4Nationalism over multilateralism

Transforming, Not Ending

  • 1Regionalization, not deglobalization
  • 2Services and digital still globalizing
  • 3Interdependence too deep to unwind
  • 4Friend-shoring vs complete decoupling

Sample Essay Structure

Introduction

Reference the US Supreme Court's ruling of 20 February 2026 against IEEPA tariffs and the tariff laws the US turned to afterwards, and set it against the WTO's finding that goods trade is still growing. State: globalizing differently, not deglobalizing.

Body Paragraphs

1

Para 1: Evidence of deglobalization (tariffs, reshoring, falling share of trade on most-favoured-nation terms)

2

Para 2: Evidence globalization continues (trade volumes, digital, services, investment)

3

Para 3: New model: regionalized, friend-shored globalization

Conclusion

Hyper-globalization is over. Managed, regionalized globalization is emerging.

Key Statistics to Use

📊

World merchandise trade volume grew 3.2% year on year in Q1 2026; the WTO's March 2026 forecast for 2026 is 1.9%, or 1.4% if energy prices stay high

📊

The share of world trade on most-favoured-nation terms fell from about 80% in 2022 to about 72% (WTO, March 2026)

📊

China's merchandise exports reached USD 3.77 trillion in 2025, while its exports to the US fell about 20% (WTO)

📊

The US Supreme Court struck down IEEPA-based tariffs on 20 February 2026, and the US introduced Section 122 tariffs on 24 February (WTO)

Common Mistakes

Treating globalization as monolithic

Not distinguishing goods from services trade

Ignoring regional integration (RCEP, AfCFTA)

Pro Tip

Show nuance: hyper-globalization is ending, not all globalization. Use dated WTO figures rather than older numbers.

Writing Framework (Applies to All WAT)

Aristotle

Rhetoric (4th Century BC)

Insight: Persuasion requires ethos (credibility), pathos (emotion), and logos (logic) working together.

How to apply: Structure your WAT with logical arguments (logos), establish credibility through data/examples (ethos), and connect to human impact (pathos). IIM evaluators look for all three.

Chip & Dan Heath

Made to Stick (2007)

Insight: Ideas that stick are Simple, Unexpected, Concrete, Credible, Emotional, and tell Stories (SUCCESs).

How to apply: Open with an unexpected fact or angle. Use concrete examples, not abstractions. Ground arguments in credible data. Make it memorable.

Steven Pinker

The Sense of Style (2014)

Insight: Good writing is about showing the reader something in the world, not performing your knowledge.

How to apply: Don't write to impress—write to illuminate. Avoid jargon and pompous language. Show you understand the issue, don't just list points.

George Orwell

Politics and the English Language (1946)

Insight: Clear thinking leads to clear writing. Never use a long word where a short one will do.

How to apply: Prefer active voice. Cut unnecessary words. If you can cut a word, cut it. Clarity beats complexity in 200-word essays.

School-Specific WAT Styles

IIM Ahmedabad

Values original thinking and nuanced positions over conventional wisdom.

Tip: IIMA loves contrarian but well-reasoned takes. Don't be afraid to challenge the premise of the topic itself.

IIM Bangalore

Practical, business-oriented evaluation. Values structured thinking.

Tip: IIMB appreciates when you connect topics to business/management implications. Always include "so what" for managers.

IIM Calcutta

Rigorous analytical approach. Values data and economic reasoning.

Tip: IIMC loves numbers. Include at least one relevant statistic. Show you understand economic trade-offs.

IIM Lucknow

Balanced evaluation of content and expression.

Tip: IIML values clear structure. Use explicit transitions and signposting.

XLRI Jamshedpur

Ethics-focused, values human-centric perspectives.

Tip: XLRI's Jesuit heritage means they value ethical dimensions. Always consider the human/social impact angle.

Frequently Asked Questions

What stance should I take on "Is the era of globalization over?"?

There's no "right" stance. What matters is taking a clear position and defending it well. Show nuance: hyper-globalization is ending, not all globalization. Use dated WTO figures rather than older numbers.

Will "Is the era of globalization over?" come in the WAT?

Nobody outside the institute can say. IIMs set the essay topic on the day. This topic is tied to an issue that was current in September 2026, and the statistics on this page carry their source and date, so use it for practice.

How do I structure my WAT on this topic?

Reference the US Supreme Court's ruling of 20 February 2026 against IEEPA tariffs and the tariff laws the US turned to afterwards, and set it against the WTO's finding that goods trade is still growing. State: globalizing differently, not deglobalizing. Your body should cover: Para 1: Evidence of deglobalization (tariffs, reshoring, falling share of trade on most-favoured-nation terms); Para 2: Evidence globalization continues (trade volumes, digital, services, investment); Para 3: New model: regionalized, friend-shored globalization.

Related WAT Topics

Key Takeaways

  • 1Introduction: Reference the US Supreme Court's ruling of 20 February 2026 against IEEPA tariffs and the tariff laws the US turned to afterwards, and set it against the WTO's finding that goods trade is still growing. State: globalizing differently, not deglobalizing.
  • 2Key argument: Para 1: Evidence of deglobalization (tariffs, reshoring, falling share of trade on most-favoured-nation terms)
  • 3World merchandise trade volume grew 3.2% year on year in Q1 2026; the WTO's March 2026 forecast for 2026 is 1.9%, or 1.4% if energy prices stay high
  • 4The share of world trade on most-favoured-nation terms fell from about 80% in 2022 to about 72% (WTO, March 2026)
  • 5Pro tip: Show nuance: hyper-globalization is ending, not all globalization. Use dated WTO figures rather than older numbers.

You've studied the topic. Ready to defend it under pressure?

Our AI simulates the follow-up questions panels ask after reading your essay — testing if you truly understand what you wrote.

Experience a Mock Interview