Second thoughts on globalisation
Mark Thirlwell
Summary
For more than two decades, policymakers in much of the world have pursued pro-globalisation polices. The result has been a wealthier and more dynamic global economy. Yet today, significant parts of the developed world are having second thoughts about the benefits of globalisation, with many of the doubts prompted by the globalisation-powered rise of China and India. As policymakers and businesses across the rich countries grapple with the consequences of the economic re-emergence of the two Asian giants, this latest Lowy Paper from Mark Thirlwell analyses the growing pressures on governments to temper the forces driving globalisation.
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