The period of hyperglobalisation that began in the early 1990s may be drawing to a close. Should deglobalisation come to pass, it could have far-reaching consequences for countries, corporations, and investors.
Loosely defined as the free flow of trade, capital, people, technology and ideas across national borders and regions, globalisation has long been associated with economic development, increased opportunity, and progress. Now, however, it is increasingly viewed as a threat. Indeed, anti-globalisation sentiment was a significant contributor to the two major ballot box surprises of 2016: the UK’s vote to leave the European Union, and the election of Donald Trump as President of the US. Tiếp tục đọc “The end of globalisation as we know it?”