Global: Globalisation – the cracking sound?
Globalisation has been under assault. The loss of blue collar jobs has provided a captive audience for the anti-trade narrative of the populists. It has delivered anti-globalists to the White House and helped facilitate Brexit. But globalisation’s demise is being prematurely declared. Indeed, much of the slowdown in global trade can be attributed to the financial crisis and its aftermath. Now with the recovery, trade activity is on a fairly powerful upswing.