In his book "The Globalisation Paradox", Dani Rodrik suggested that we cannot simultaneously pursue democracy, national determination and economic globalisation.
|
|
Globalisation's cheerleaders did globalisation no favour by ignoring the losers It is now clear that globalisation's cheerleaders did globalisation no favour by ignoring the losers.
|
|
And, although respondents from these countries tend to believe that "globalisation has mostly benefited the wealthy", they were also the most likely to respond that globalisation was a positive force.
|
|
"Globalisation does not have a face, globalisation does not have a neck from which you can hang it, so you use a proxy, the closest proxy is multilateralism," Gurria told journalists.
|
|
In other words, populists do not necessarily oppose globalisation, as liberals frequently suggest when they talk about a battle between "open" and "closed" world views—many just want a recalibration of globalisation.
|
|
By the way, they have nothing to do with globalisation, right-, OB: That in the US, you don't have proper access to education, healthcare or a pension, has nothing to do with globalisation.
|
|
The British elite's infatuation with globalisation has produced a backlash that now threatens globalisation itself, most obviously in the form of Brexit but potentially in the form of a hard-left Labour government.
|
|
Voters have rebelled by turning to parties that reject globalisation.
|
|
There is no evidence that globalisation is on the retreat.
|
|
As chart 773 shows, slower growth lowers support for globalisation.
|
|
That is because the industry is a paean to globalisation.
|
|
That resentment can motivate votes against the institutions of globalisation.
|
|
Mr Baldwin is too sanguine about the politics of globalisation.
|
|
The fear that globalisation has fallen flat has whipsawed markets.
|
|
But the company's order book suggests that globalisation is fading.
|
|
These days, amid migration and globalisation, Italian continues to develop.
|
|
Globalisation and technology have made them fear for their jobs.
|
|
They measure support for trade barriers, globalisation and free markets.
|
|
Globalisation has given way to a new era of sluggishness.
|
|
Second, slowbalisation will not fix the problems that globalisation created.
|
|
Globalisation made the world a better place for almost everyone.
|
|
Recently, though, the character and tempo of globalisation have changed.
|
|
In some ways globalisation has neutered its potential political opponents.
|
|
Such optimism about globalisation is all too rare these days.
|
|
Global Inequality: A New Approach for the Age of Globalisation.
|
|
In the 1980s deregulation and globalisation helped unpick corporate America.
|
|
Mexico, for instance, continues to carry a torch for globalisation.
|
|
This cartoonish version of globalisation bears little relation to reality.
|
|
Twelve months ago, the gentry of globalisation were feeling good.
|
|
Economic globalisation can bring substantial benefits to all of humanity.
|
|
The first is the sense of insecurity that accompanies globalisation.
|
|
Last November, economists at Deutsche Bank argued that the wave of globalisation since the Second World War was turning and that a new "mega-trend" was under way: "the peak, and likely unwind of globalisation".
|
|
That globalisation had brought greater prosperity was recognised at the time.
|
|
Globalisation helped make firms more efficient but now pulls down profits.
|
|
The EU has a Globalisation Adjustment Fund, which does something similar.
|
|
Grave New World: The End of Globalisation, the Return of History.
|
|
Globalisation was a wonderful thing for the global economy in general.
|
|
Increasing partisanship might be expected to have affected opinions on globalisation.
|
|
Besides, 500 years on, Lutheran Germany is being transformed by globalisation.
|
|
"A revolution" and the end of globalisation are nigh, he says.
|
|
The turmoil caused by reversing globalisation would be just as bad.
|
|
The sobriquet "father of globalisation" was, at the time, a compliment.
|
|
AUTOMATION and globalisation have brought drastic changes to Western labour markets.
|
|
But museums and dictionaries are feeble defence against globalisation and urbanisation.
|
|
Michael O'Sullivan: At least two things have put paid to globalisation.
|
|
He expressed negative opinions about immigration in France, Islam and globalisation.
|
|
It is true that globalisation could stall or go into reverse.
|
|
There have been periods of more and less globalisation throughout history.
|
|
None of this is to deny that globalisation has its flaws.
|
|
He welcomes globalisation and claims the French can benefit from it.
|
|
All that said, Xi is a deeply flawed champion of globalisation.
|
|
Has globalisation only benefited the elite (at least within developed economies)?
|
|
At Trump rallies, Mexico has become an avatar for globalisation itself.
|
|
It is buffeted by globalisation and change as much as anywhere.
|
|
Rather than spread the benefits of globalisation, politicians have focused elsewhere.
|
|
Too many friends of globalisation are retreating, mumbling about "responsible nationalism".
|
|
They support globalisation and multilateral institutions and disdain parochialism and nationalism.
|
|
Neither persistent negative rates nor an unravelling of globalisation is inevitable.
|
|
The expansion of globalisation has not made it any less pressing.
|
|
Assisted by globalisation, these social and intellectual rituals have become ubiquitous.
|
|
Assumptions over globalisation and free movement have been torn up overnight.
|
|
Economic globalisation was a concept first put forward by Western society.
|
|
Mozambique's cashew industry became a cause célèbre for anti-globalisation activists.
|
|
As inflation-targeting took off in the 1990s, globalisation also accelerated.
|
|
The great liberal project of the past 240 years—globalisation—depended on a bargain between the elites and the masses: the elites promised that globalisation would produce higher living standards for broad swathes of the population.
|
|
But the two sides project exactly the opposite fears onto Britain: the left argues that it is falling apart because it's rejecting globalisation while the right worries that it's falling apart because it's too keen on globalisation.
|
|
To sum up, globalisation disrupted both international power structures and domestic ones.
|
|
In an age of globalisation, this freedom and fluidity feels oddly remote.
|
|
The second great era of globalisation (1870-19803 was the first) emerged.
|
|
But voters, and some politicians, have seized on globalisation as the problem.
|
|
Since the 1980s, liberalisation and globalisation have allowed inequality to rise again.
|
|
But investment migrants embody the freedoms available to the winners from globalisation.
|
|
Globalisation is a fact, he said; the answer is limited, "intelligent regulation".
|
|
In developing countries, growth is often faster and support for globalisation higher.
|
|
Firms that provide the specialist services behind globalisation have also been hammered.
|
|
But the populist assault on globalisation has lent the discussion fresh urgency.
|
|
Starting in the early 1980s, free markets, globalisation and individual freedoms flourished.
|
|
Technology and globalisation are commonly cited culprits for this parlous of affairs.
|
|
As globalisation has become a slur, nationalism, and even authoritarianism, have flourished.
|
|
IT MUST seem to Donald Trump that reversing globalisation is easy-peasy.
|
|
Mr Trump has consistently argued that globalisation gives America a poor deal.
|
|
Yet their worries over globalisation, urbanisation and homogenisation overlap strikingly with Brexiteers'.
|
|
Globalisation helped China go from poverty to the world's second-largest economy.
|
|
In recent decades globalisation and mechanisation have added new kinds of worry.
|
|
Mr O'Sullivan's book, "The Levelling: What's Next After Globalisation" offers a roadmap.
|
|
The golden age of globalisation, in 1990-2010, was something to behold.
|
|
In other ways, however, globalisation created the conditions for a significant backlash.
|
|
And globalisation is another force pushing demand for scent makers like Givaudan.
|
|
And globalisation means that plagues can travel far, wide and terrifyingly fast.
|
|
Thanks to globalisation, companies could always find new resources and better suppliers.
|
|
Britain has found confidence and relative prosperity as a linchpin of globalisation.
|
|
ALASDAIR HENDERSONLondon Bagehot dubbed pro-globalisation, pro-EU parts of Britain "Londonia".
|
|
Yet, as the Brexit vote demonstrates, globalisation now seems to be receding.
|
|
These days pizza is a gastronomic mirror, reflecting Italy's anxiety about globalisation.
|
|
Betting on globalisation does not guarantee a boost in the growth rate.
|
|
It is testing longstanding beliefs about globalisation and the benefits of openness.
|
|
They make no sense in this age of volunteer armies and globalisation.
|
|
President Xi Jinping's paean to globalisation at Davos last month went down well.
|
|
NO WESTERN democracy seems immune to today's backlash against globalisation and economic liberalism.
|
|
The globalisation and broadening appeal of real estate investing continues to gain pace.
|
|
She defends globalisation, while promising to cut migration to Britain by two-thirds.
|
|
The worst answer would be for countries to turn their backs on globalisation.
|
|
This is the first election to be called in the post-globalisation era.
|
|
As such, Kingelez's models offer a positive perspective on globalisation and cultural hybridity.
|
|
Americans might even become less grumpy about globalisation as the economy heats up.
|
|
Below that is an excerpt from his book, on the end of globalisation.
|
|
As globalisation fades, the emerging pattern of cross-border commerce is more regional.
|
|
Iron, steel, cotton and steam enriched Britons at home as globalisation took off.
|
|
But it is also the central node in the network that underpins globalisation.
|
|
Mr Xi said the scheme would bring about a "golden age" of globalisation.
|
|
A big driver is globalisation; fewer institutional investors are constrained by national borders.
|
|
We actually have globalisation and automation on top of the continued tepid recovery.
|
|
Le Pen and Melenchon share an antipathy for the European Union and globalisation.
|
|
Revolution Mill is a monument to an industry that lost out to globalisation.
|
|
But there is a world of difference between improving globalisation and reversing it.
|
|
Maybe they're some sort of symbol of globalisation and all cultures becoming one?
|
|
S. trade negotiations and was committed to safeguarding economic globalisation and free trade.
|
|
Here, globalisation means customers and opportunities; pro-openness messages go down a treat.
|
|
Globalisation has hurt the scarce "factor" (unskilled labour) and helped the abundant one.
|
|
But two other forces are pushing in the same direction: globalisation and regulation.
|
|
Perhaps globalisation can only go so far before it provokes a political reaction.
|
|
But the complex interaction of demography, welfare and globalisation means that is insufficient.
|
|
To understand where trade and globalisation go next requires an understanding of technology.
|
|
Globalisation has proved just as potent a force as Europe's push towards integration.
|
|
The presidency of Mr Trump, an avowed opponent of "globalism", has coincided with a noticeable recovery in globalisation Strange as it may seem, though, the presidency of Mr Trump, an avowed opponent of globalism, has coincided with a recovery in globalisation.
|
|
Globalisation has lifted hundreds of millions of people in emerging markets out of poverty.
|
|
However consolidated markets become domestically, they argue, globalisation keeps heating the furnace of competition.
|
|
Just as in the first era, globalisation has disrupted international and domestic power structures.
|
|
The countries with the fastest-growing economies tend to be more positive about globalisation.
|
|
It is hard to blame Americans for seeing globalisation as a zero-sum affair.
|
|
They direct the flows of goods, services and capital that brought globalisation to life.
|
|
It turbocharged today's populist surge, raising questions about income inequality, job insecurity and globalisation.
|
|
Globalisation is an inevitability in a world of modern communications that cannot be uninvented.
|
|
But it will not be possible to combine globalisation with a small-state approach.
|
|
Its premise—that the vote for Brexit was a revolt against globalisation—was sound.
|
|
But his lifelong opposition to globalisation hardly makes him the man to negotiate one.
|
|
It is also long before the period decried as "hyper-globalisation" by its critics.
|
|
Their theories had always shown that globalisation would produce losers as well as winners.
|
|
The globalisation and modernisation of agriculture have contributed to a stunning reduction in hunger.
|
|
The next era could see globalisation in retreat for the first time since 1945.
|
|
As the authors point out, globalisation suffered a huge setback once before after 1914.
|
|
LONDON (Reuters Breakingviews) - China's newest virus demonstrates the ambiguities of globalisation and economic development.
|
|
After leaving the WTO in 1995, his career embodied the globalisation he had championed.
|
|
Technology services will not evade the backlash against globalisation, and may make it worse.
|
|
Ms Gelfand: The tight-loose axis is clearly shifting with the advent of globalisation.
|
|
From iPhones to France's gilets jaunes, globalisation and its discontents have remade the world.
|
|
The backlash against globalisation is the biggest risk to UNIQLO's Asian plans, he says.
|
|
Globalisation and technological change have deprived many places of sources of employment and wealth.
|
|
For the LAD, globalisation is a very old idea and a cause for optimism.
|
|
Glapinski said prices in Poland were under control because of the effects of globalisation.
|
|
"I used to be all for free trade and globalisation," says an ostensible globalist.
|
|
A New York-based financier, Mr Soros represents the globalisation that Mr Orban hates.
|
|
Liberal elites tend to explain this divergence in terms of the laws of globalisation.
|
|
Qualifications grant access to a world that is protected from the downside of globalisation.
|
|
Globalisation is increasingly blamed for job losses, rising wage inequality and sluggish GDP growth.
|
|
This odd divergence in opinion may be linked to a globalisation of supply chains.
|
|
Globalisation has a similar effect because it lowers the barriers to entry across countries.
|
|
I think that a time of increased globalisation is when you need better governments.
|
|
The U.S. president and anti-capitalist activists have something in common: distrust of globalisation.
|
|
Latin America's need to conquer new markets comes as globalisation is in retreat elsewhere.
|
|
A highlight is the discussion of the unequal effects of globalisation on American workers.
|
|
BANK OF ENGLAND'S HALDANE SAYS HE DOES NOT THINK WE HAVE HIT PEAK GLOBALISATION
|
|
It emphasised the virtues of rolling back that state through privatisation, deregulation and the reduction of taxes, particularly on the rich; of embracing globalisation, particularly the globalisation of finance; of controlling inflation and balancing budgets; and of allowing creative destruction full rein.
|
|
Macron, who defeated the anti-Europe, far-right leader Marine Le Pen last month, said that he had always been a defender of globalisation and free trade during his time as minister but that leaders should hear from workers hit by globalisation.
|
|
And Total, when you speak about globalization is one of the winners of this globalisation.
|
|
It's our problems because I strongly believe globalisation is a good thing for the world.
|
|
Globalisation, tepid wage rises, the ascent of tech and feeble competition made the bonanza possible.
|
|
DHL's Mr Allen has emphasised that "globalisation is here to stay", whatever Mr Trump does.
|
|
But at the ground level of globalisation, the Africans know that outsiders stay on sufferance.
|
|
Britain, worried about immigrants and globalisation, has voted to march out of the European Union.
|
|
She has interpreted the Brexit vote as a roar by those left behind by globalisation.
|
|
It has skilfully taken advantage of globalisation, deftly responding to changing markets and transport routes.
|
|
As for globalisation, it will soon bring a new rival for Jodhpur's vibrant domestic market.
|
|
Technology may have boosted globalisation until now, but it may not do so in future.
|
|
Globalisation has disproportionately benefited the rich in part by rewarding capital more handsomely than labour.
|
|
But globalisation has also made it easier for the well-heeled to hide their wealth.
|
|
This diminution is in part the result of large forces, including globalisation and communications technology.
|
|
The industry may be the handmaiden of globalisation but it is congealing into regional oligopolies.
|
|
Yes, that is probably what globalisation began as, but look at what it has become.
|
|
They also promised that they could make globalisation as smooth as possible by judicious intervention.
|
|
Some Democrats also bought into these ideologies, with accompanying policies of unfettered globalisation and financialisation.
|
|
The golden age of globalisation created huge benefits but also costs and a political backlash.
|
|
More important, as Maya Jasanoff shows so well, he was the first novelist of globalisation.
|
|
Many will appeal to those who have long been fretful about both globalisation and privatisation.
|
|
For three decades, a golden era for globalisation, the trend has gone the opposite way.
|
|
Le Pen has vowed to fight globalisation and take France out of the euro zone.
|
|
THE past two decades have left working-class voters in many countries leery of globalisation.
|
|
Addressing the World Economic Forum for the first time, China's president defended globalisation and cooperation.
|
|
Globalisation has turned lots of countries into way-stations in the manufacture of individual products.
|
|
Is it possible for that basic principle, in whatever evolved form, to coexist with globalisation?
|
|
Some are emerging-market champions, like Samsung, which have seized the opportunities provided by globalisation.
|
|
In a sense, globalisation brings industry closer to the economists' ideal of the "perfect market".
|
|
The former milked the benefits of what Mr Evans calls "the first age of globalisation".
|
|
It will thus remain in demand however much globalisation shakes up a country's industrial mix.
|
|
By invoking the FTA Gramercy is doing its bit to discredit free trade and globalisation.
|
|
And then there is the question of how the benefits of globalisation are shared out.
|
|
Workers in the developed world felt that the benefits of globalisation were passing them by.
|
|
Globalisation, technological change and ebbing competition have all helped the rich prosper in recent decades.
|
|
Add to this the 2008 crisis, which was a shock to western capitalism and globalisation.
|
|
On Saturday, around 500 anti-globalisation protesters marched peacefully past the Swiss parliament in Bern.
|
|
Perhaps the world is moving away from a globalisation model to a more inward model?
|
|
Le Pen's protectionist and anti-globalisation agenda has helped win her widespread support in her campaign.
|
|
Since the 2008 financial crisis this particular aspect of globalisation has stalled, and even partly retreated.
|
|
Foodies scoffing spring rolls in San Francisco or cheeseburgers in Chongqing should give thanks to globalisation.
|
|
To many the capital and its credo—liberalism, globalisation, immigration—constitute a foreign and threatening world.
|
|
Canada has a further economic lesson to impart in how it protects people hurt by globalisation.
|
|
China's growing tech prowess is putting new strains on globalisation, beyond old arguments about stolen jobs.
|
|
His career was enough to make enemies among those who saw globalisation as an elite conspiracy.
|
|
The Economist: Was the death of globalisation inevitable or could (and should) it have been prevented?
|
|
It was because on all the pressing issues—inequality, globalisation, the environment, Europe—parties disagreed internally.
|
|
What might the natural trajectory of globalisation have looked like had there been no trade war?
|
|
He wrote that the losers from globalisation need to be compensated to address increases in inequality.
|
|
Mr Autor's China-shock work has heavily informed debates in Washington about how to manage globalisation.
|
|
Curing the ills that feed public opposition to globalisation requires efforts to address two other problems.
|
|
Along with trade, migration is one of the two main sources of public anxiety about globalisation.
|
|
The euro was born just as the global economy was undergoing a rapid bout of globalisation.
|
|
"Entering into European capital markets is an important part of Qingdao Haier's globalisation strategy," Haier said.
|
|
The second includes UKIP's only MP, Douglas Carswell, who prefers a more libertarian, pro-globalisation message.
|
|
The most important thing is to devise policies that spread the benefits of globalisation more widely.
|
|
Voters, despite wallowing in technological abundance, are rattled by globalisation and have seldom felt less generous.
|
|
Some people see "near-shoring" to places like Turkey as a sign that globalisation is ebbing.
|
|
And that at a time of globalisation, the ultimate guarantor of world trade could become protectionist.
|
|
Globalisation means rapid change in the workplace, and firms increasingly expect employees to be constantly connected.
|
|
Even when globalisation has been hugely beneficial, policymakers have not done enough to help the losers.
|
|
Globalisation means that prices for commodities tend to be driven by international, rather than local, forces.
|
|
It's been three decades of trade and political liberalisation and a golden age for financial globalisation.
|
|
The 1990s were a time when pluralistic societies were starting to consider globalisation and networked communication.
|
|
Today, we need to address the problems arising from globalisation one at a time, through consultation.
|
|
And there is another source of breakdown in economists' understanding of how prices are formed: globalisation.
|
|
In a time of rapid technological change, and globalisation, devising solutions to these shortcomings is urgent.
|
|
"The unequal distribution of benefits from globalisation has increased scepticism about international co-operation," she said.
|
|
Mr Gurumurthy was making the case that globalisation, brought in by well-connected financiers, was destroying India.
|
|
Le Pen has pressed hard her anti-immigration, anti-globalisation message as she seeks to mobilize voters.
|
|
Elsewhere pretty much any country with a small, open economy tied to globalisation saw its currency plunge.
|
|
The industry presents itself as defending liberalism and globalisation at a time when they are under threat.
|
|
BILL CLINTON once called globalisation "the economic equivalent of a force of nature, like wind or water".
|
|
But investors are also worried that the election of Mr Trump signals a turning-point in globalisation.
|
|
Whether you wear a tweed jacket or safety goggles, then, globalisation creates losers as well as winners.
|
|
The backlash against globalisation points to a glaring underlying weakness of management theory: its naivety about politics.
|
|
Globalisation and automation have weakened the position of workers and their ability to secure a decent wage.
|
|
The financial crisis demonstrated the power of financial globalisation to destroy wealth as well as create it.
|
|
Then, the labour market was about to bifurcate into winners and losers from globalisation and technological change.
|
|
Globalisation went into rapid reverse in the 1920s and 1930s despite the spread of aeroplanes and telephones.
|
|
The world's shipping fleet, replenished by ever bigger vessels, has grown faster than the globalisation it serves.
|
|
This is odd, given how much effort they spent over the previous 20 years lobbying for globalisation.
|
|
Globalisation has slowed from light speed to a snail's pace in the past decade for several reasons.
|
|
Globalisation did direct damage to many local and regional economies because of the way those regions work.
|
|
Adjustment-assistance programmes need to be generously funded and to cover economic changes that go beyond globalisation.
|
|
In other words, if we want to help globalisation, we'd better start helping those hurt by it.
|
|
Globalisation means that convicts stitching Victoria's Secret bras compete as much with Chinese workers as with locals.
|
|
Thinking of populism in terms of a backlash against hyper-globalisation helps us understand its different forms.
|
|
Both Labour and the Tories had claimed to know how to harness globalisation for the common good.
|
|
One reason is that the modern mix of superpower rivalry, globalisation and high-tech societies is unprecedented.
|
|
The real reasonsBut there are less enlightened reasons why middle-class people are more open to globalisation.
|
|
The benefits of globalisation are widely dispersed, often unseen and thus all too easily taken for granted.
|
|
All these changes have been amplified by globalisation, but would have been highly disruptive in any event.
|
|
Maybe so, but only because the laws have failed to keep up with the globalisation of business.
|
|
Scarred by the financial crisis, battered by technological change and globalisation, less-skilled workers have fared worst.
|
|
For this new J-curve it is growing economic and cultural confidence about globalisation among the majority.
|
|
Branko Milanovic of the City University of New York believes such costs perpetuate a cycle of globalisation.
|
|
The YouGov survey suggests, however, that a winning coalition could be built around an anti-globalisation message.
|
|
The West is really debating whether China can be trusted as a pillar of high-tech globalisation.
|
|
Thanks to globalisation it is cheaper to produce steel in Jiangsu or Jharkhand than in the Ruhr.
|
|
With globalisation in the balance, it is time China stopped using the dismal horseshoe to stall reforms.
|
|
But gold prices fell back after Trump fired his nationalist and anti-globalisation chief strategist Steve Bannon.
|
|
Ainsi les deux candidats présentent des visions antagoniques de la globalisation, de l'Europe et de la laïcité.
|
|
While cryptomarkets enable a globalisation and flattening of drug trading, international trading is not an inevitable outcome.
|
|
His globe-trotting, pro-globalisation breeziness clashes with the prevailing mood among electorates in much of the West.
|
|
And he has vowed to bring back jobs to states that have been "hurt so badly" by globalisation.
|
|
Hamburg's mayor was criticised for not doing enough to stop three nights of rioting by anti-globalisation protesters.
|
|
Or was it the near-inevitable consequence of the tensions resulting from the first great era of globalisation?
|
|
But we will see more resistance to globalisation from governments, as they calculate that voters will reward nativism.
|
|
As globalisation is transformed into something messier, the consequences for MNCs and the world economy could be momentous.
|
|
Globalisation, though inevitable and beneficial, brings the unfamiliar and the distant rather closer than many feel comfortable with.
|
|
Marine Le Pen of the National Front is appealing to blue-collar voters worried by globalisation and immigration.
|
|
At the same time, globalisation has built supply chains linking countries that do not much like each other.
|
|
They refer enthusiastically to Mr Xi's remarks on globalisation and a new world order as the "two guides".
|
|
That was not enough to sway a liberal-minded administration obsessed with friendly foreign relations and rapid globalisation.
|
|
Although female-dominated industries have suffered fewer job losses from globalisation and technological change, they also pay less.
|
|
Indeed, Mr Rodrik once argued that globalisation implied a long run shift toward supra-national rules and democracy.
|
|
Perhaps digital flows could provide a new leg for globalisation, a view backed by McKinsey, a consulting firm.
|
|
If it does not change, it could break globalisation, splintering world markets into Chinese- and American-led camps.
|
|
Viewed in the very long run, over centuries, the march of globalisation is inevitable, barring an unforeseen catastrophe.
|
|
"Slowbalisation", a term used since 2015 by Adjiedj Bakas, a Dutch trend-watcher, describes the reaction against globalisation.
|
|
For example, the European Globalisation Adjustment Fund doesn't provide for any temporary relief; it just funds retraining programmes.
|
|
In the age of globalisation the sensible aim is to belong to as many clubs as you can.
|
|
Allow globalisation to run untempered, he reckons, and you generate vicious backlashes à la Brexit and Donald Trump.
|
|
She makes the suggestion that this is partly because of globalisation, which leaves many people uprooted and marginalised.
|
|
Globalisation and the growth of great cities such as Los Angeles have raised the profiles of their mayors.
|
|
Passing exams gives you an opportunity to enter a world that is protected from the downside of globalisation.
|
|
The globalisation of finance provided the kindling for America's subprime crisis and spread its effects around the world.
|
|
But a lot of the policies to make globalisation work better need international agreement to be fully effective.
|
|
That is the fundamental problem for national governments caught between the twin forces of globalisation and voters' anger.
|
|
Gulliver was speaking at an event organised by the British lender to discuss globalisation of the Chinese currency.
|
|
Perhaps the post-crisis era will end with a decisive shift away from globalisation and towards economic nationalism.
|
|
The next leadership election could exacerbate the splits, prompting Eurosceptics to peel away from pro-globalisation, Europhile colleagues.
|
|
The aim seems to be to maintain Canada's commitment to globalisation, but to give it a human face.
|
|
"Globalisation" has been used as an excuse to lower the living standards of the working and middle class.
|
|
Its referendum illustrated dual deficits, of strong champions of globalisation and of effective mechanisms to share its fruits.
|
|
Didi started expanding outside Asia in Mexico earlier this year, and has said globalisation is a core strategy.
|
|
In other words, globalisation doesn't just create a backlash in politics; it has big repercussions for business too.
|
|
There are genuine problems, particularly high inequality and the plight of low-skilled workers left behind by globalisation.
|
|
As Beijing embraced globalisation, China's share of German exports soared from 0.6% in 1990 to 7.1% last year.
|
|
Re-establishing cultural identity can be achieved without undermining efforts to keep up with the tide of globalisation.
|
|
Globalisation and easy trade finance have reduced the prices of manufactured goods and kept a cap on inflation.
|
|
The past decade and a half has seen boom and bust, inflation and deflation, globalisation and trade tensions.
|
|
This time it was chief strategist Steve Bannon, a driving force behind his nationalist and anti-globalisation agenda.
|
|
Second, China's embrace of globalisation—a concept much broader than just the trade in goods—is far more limited.
|
|
As writers like Jonathan Crary have argued convincingly, sleep and dreaming are anathema to globalisation and the digital economy.
|
|
However, he warned that anti-globalisation and other political upheavals were becoming more of a factor in industry decisions.
|
|
Mr Wilders has also put forward legitimate arguments about the welfare of working-class Dutch left behind by globalisation.
|
|
The news came as Xi Jinping, China's president, extolled the virtues of globalisation at the annual gabfest at Davos.
|
|
We asked YouGov, a polling outfit, to survey 19 countries to gauge people's attitudes towards immigration, trade and globalisation.
|
|
The data reveal a split between emerging markets and the West, which is increasingly turning its back on globalisation.
|
|
Wallonia, once Belgium's steel-and-coal heartland, is the sort of place where a bleak view of globalisation flourishes.
|
|
It is often assumed that Mr Trump is tapping into a broad-based backlash against globalisation with this rhetoric.
|
|
WHAT does it take for an American industrial champion to succeed in an age of globalisation and impatient investors?
|
|
She accused the former economy minister of being the candidate of "the system", "Uberisation of society", and "savage globalisation".
|
|
Globalisation has divided the country between winners and losers, while social media has divided the population into solipsistic tribes.
|
|
It included an unusually long passage about foreign policy and mentioned quanqiu (meaning global) or quanqiuhua (globalisation) 13 times.
|
|
Following the unexpected successes of anti-globalisation forces in 2016, a victory for Ms Le Pen might seem inevitable.
|
|
Unskilled workers were hit hard when, under pressure from globalisation and automation, employers downsized, moved or simply shut down.
|
|
Ms Le Pen declared war on "savage globalisation", but Mr Meuthen called for a free-market, free-trade Europe.
|
|
That tradition was given a new lease of life by two world wars and by the advent of globalisation.
|
|
And they will be able to insist on a form of globalisation that works for Africans and foreigners alike.
|
|
That not only helps the blue-collar workers who have been hit disproportionately hard by technological change and globalisation.
|
|
The forces that drive regional disparities are built into the mechanisms of globalisation, which makes them hard to resist.
|
|
But even if globalisation were to stop in its tracks, the regions it has weakened would not magically improve.
|
|
The Economist: Is globalisation pushing loose and tight cultures together in a way that makes both groups feel threatened?
|
|
Yet there is little sign that politicians are taking this seriously: instead many prefer to demonise immigrants or globalisation.
|
|
It has benefited from globalisation far more than Russia, and so is less inclined to disrupt the status quo.
|
|
Globalisation, in their eyes, is less an engine for prosperity and more a generator of insecurity, unfreedom and unfairness.
|
|
The slamming of globalisation into reverse gear has "caught the industry by surprise", says the boss of one carmaker.
|
|
The most obvious is that globalisation has gone much further in the manufacturing sector than in the service sector.
|
|
Strengthening Europe would support her other domestic (competitiveness, tackling the causes of political extremism) and global (globalisation, security) priorities.
|
|
They argue that economic activity is becoming concentrated in the best firms because of technology, network effects and globalisation.
|
|
Rather, it has happened as part of a wave of globalisation, which aided the transfer of technological know-how.
|
|
Mr Macron thinks populism thrives when people feel their leaders are impotent, in particular against the forces of globalisation.
|
|
As borders have been steadily opened up, policies needed to complement globalisation have not kept pace, particularly in America.
|
|
Sceptics say that those who stand to lose from globalisation are given little thought when trade deals are signed.
|
|
For the most part, enthusiasts for globalisation have rooted only for freer trade and open capital markets, not migration.
|
|
The idea that globalisation is a scam that benefits only corporations and the rich could scarcely be more wrong.
|
|
"We see these fears of globalisation, of anonymity, about old-age care everywhere, including in the west," she said.
|
|
Perhaps ironically, then, a localised movement set against globalisation ended up winning its greatest battles on the world stage.
|
|
The effort to recast globalisation is part of a wider drive to revitalise the EU after the Brexit shock.
|
|
It exposes a tax system that is 220 years out of date and obsolete in an age of globalisation.
|
|
Both charts show that China's middle classes and the world's rich have gained handsomely in the era of globalisation.
|
|
At the same time, organisations critical of trade deals such as Attac, an anti-globalisation group, played uppopular concerns.
|
|
After all, for a place fed up with globalisation, Rushden seems to have benefited handsomely from the outside world.
|
|
But things could also turn out worse - particularly if voters in other Western countries also decide to reject globalisation.
|
|
Proponents of globalisation, including this newspaper, must acknowledge that technocrats have made mistakes and ordinary people paid the price.
|
|
Luckily, the reaction against globalisation needn't lead to world war this time (although political violence seems to be increasing).
|
|
Until this is corrected, don't expect arguments about globalisation to go away any time soon, Brexit or no Brexit.
|
|
There is little enthusiasm among business leaders and investors for increased tariffs, tougher restrictions on investment and "de-globalisation".
|
|
While globalisation has enabled companies to become more rootless and ruthless, cross-border capitalism behaved badly from the beginning.
|
|
When you look at the US-China relationship, are you worried that it will influence the future of globalisation?
|
|
Ironically, the recent incremental reversals of globalisation provide good examples of the importance of global financial conditions to inflation.
|
|
Technological change and globalisation have disrupted mass prosperity in developed countries, while generously rewarding highly skilled professionals and entrepreneurs.
|
|
The first great age of globalisation, which began in the late 19th century, was built atop the gold standard.
|
|
Speaking to an audience in central London, Haldane said: "I'm not yet at the point of calling peak globalisation".
|
|
Speaking to an audience in central London, Haldane said: "Im not yet at the point of calling peak globalisation".
|
|
Globalisation and advances in agriculture mean that modern households now spend only one-eighth of their incomes on food.
|
|
"Cooperation is more important than ever because of the trend against globalisation and the spread of protectionism," he said.
|
|
While much of the Western world is gloomily turning inward, Canada trumpets the merits of globalisation, multiculturalism and refugee acceptance.
|
|
In large part globalisation is about the more efficient allocation of resources—labour, capital, even land—and that creates losers.
|
|
Brian originally joined the company as its 52nd employee and is presently responsible for executive leadership development and globalisation initiatives.
|
|
Then, earlier this month, he vowed to bring back jobs to states that have been "hurt so badly" by globalisation.
|
|
By embracing globalisation and eschewing central planning, the cities of the PRD led the way for the country's economic opening.
|
|
Unqualified defences of globalisation by Western leaders feel as archaic as the self-indulgent guitar solos of hair metal past.
|
|
Some of the old arguments for going global are obsolete—in part because of the more general successes of globalisation.
|
|
The job losses in manufacturing that infuriate Americans have resulted far more from decades of technological advance than from globalisation.
|
|
A victory would bring Mr Renzi cachet for turning the anti-globalisation tide and reassure investors in Italy and beyond.
|
|
Whether this is down to globalisation, technology or some other reason is hard to tell, but voters have lost patience.
|
|
Earlier this month she recast herself as a champion of globalisation, but pledged a "new approach" to managing its forces.
|
|
Economists have listed many causes for the rise of inequality: technology, education, globalisation, declining unions and a falling minimum wage.
|
|
The country on which the burden of depreciations will fall most heavily is run by a man who hates globalisation.
|
|
Last week Shinzo Abe, the prime minister, toured European capitals to gladhand his counterparts and tout the virtues of globalisation.
|
|
He rails against globalisation and free trade, of which the EU's single market is one of the world's shining examples.
|
|
TOBY SANGEREconomistCanadian Union of Public EmployeesOttawa Globalisation is inevitable, but the current configuration favouring neoliberal politics and economics is not.
|
|
This shows that globalisation is not only in the surface traffic of words, but in the deeper exchange of concepts.
|
|
More important, though, is the hope that extra manufacturing jobs will benefit Britons who have been left behind by globalisation.
|
|
It has opened up to globalisation, diversifying its economy with new industries, such as medical devices, ecotourism and renewable power.
|
|
In many ways, the end of globalisation is marked by the poor and inconclusive response to the global financial crisis.
|
|
AS EARLY as 1941, Paul Samuelson, a Nobel prize-winning trade economist, argued that globalisation causes economic hardship for some.
|
|
He adds that the rise of fake news and conspiracy theories about globalisation feed anti-Semitism, "the quintessential conspiracy myth".
|
|
Governments should also practise "responsible sovereignty", he reckons, and limit unnecessarily disruptive forms of economic integration, like reckless financial globalisation.
|
|
Mr Bannon, a former investment banker who dresses like a scruffy boyo, rails against globalisation with the same resentful fury.
|
|
It will also cite research that suggests a majority of Europeans view globalisation as a threat to their country's identity.
|
|
This may have been partly down to globalisation, and the ability of companies to shift production to lower cost areas.
|
|
Globalisation and the communications revolution have locked in English as the world's first language, and language matters in international diplomacy.
|
|
That begs the question: isn't Syriza's fate the fate of every party that tries to bend the rules of globalisation?
|
|
Watching this scene, Bagehot cannot but ruminate on the much-cited observation that Western electorates are losing faith in globalisation.
|
|
Those tempted by Brexit are swayed by emotions: fears of foreigners; romantic ideas of sovereignty; Trumpian calls to reverse globalisation.
|
|
The travails of Blackburn and places like it have led many to ask whether globalisation does more harm than good.
|
|
Zhou Xiaochuan, the head of the People's Bank of China, also urged IMFC members to embrace globalisation and free trade.
|
|
"LVMH dominates a structurally favoured sector, buoyed by globalisation and income inequality," says Luca Solca of Bernstein, a research firm.
|
|
He defended hosting a sybaritic party at French palace Versailles because it was "the symbol of the globalisation of France".
|
|
"What matters is whether there are policies to address the shrinking, ageing population and globalisation," SMBC Nikko Securities' Suezawa said.
|
|
Globalisation was meant to create enough gains to help the losers, but too few of them have seen the pay-off.
|
|
Although a broad defender of globalisation, he argues that political leaders ignore those who lose from free trade at their peril.
|
|
No other foreign source of influence was detected beyond Russia Themes attacked included globalisation, big corporations, and US or EU "imperialism".
|
|
In this form of globalisation, national teams of ideas and workers battled for market share, and became richer in the process.
|
|
"The factors affecting inflation are long-term: globalisation, deregulation and automation," says David Lloyd of M&G, a fund-management group.
|
|
It may be that globalisation and technological advances have enabled world-beating "superstar" firms to see off their lumbering domestic competitors.
|
|
The great universities of the 297th century were shaped by nationalism; the great universities of today are being shaped by globalisation.
|
|
It's true that a certain anxiety over the forces of globalisation, immigration, technology, even change itself, has taken hold in America.
|
|
Through this cosy domesticity, as the years ran on, the winds of globalisation and technological change blew as coldly as elsewhere.
|
|
The election was seen as a defeat for liberalisation and globalisation, and hence for an economics profession that had championed them.
|
|
Look more closely, however, and you will see that the decay of globalisation is accompanied by a steady demoralisation of multinationals.
|
|
Over the past 210 years liberals have focused on the ways in which the logic of globalisation can produce economic growth.
|
|
The curators are keener on globalisation than are most French policymakers, cheering global trade's ability to boost incomes across the world.
|
|
That would be equivalent to a third of the proportionate drop seen between 21.5 and 22012, the previous crisis in globalisation.
|
|
In January 2017 he told the World Economic Forum in the Swiss resort of Davos that China should "guide economic globalisation".
|
|
When globalisation boomed, emerging economies found it easy to catch up with the rich world in terms of output per person.
|
|
"In an age of mass communication and increasing globalisation, a country depends largely on how it is perceived abroad," it continued.
|
|
Again this seems to be a reasonable description of the commercial world that is being shaped by globalisation and the internet.
|
|
"I say that we should work with others to frame globalisation on the basis of common ground and multilateralism," she said.
|
|
It compared the impact of a future with "less globalisation" with a base scenario (using pre-2017 trends, without trade disputes).
|
|
This is even clearer in economics, where open people cluster in industries that have been less affected by globalisation than manufacturing.
|
|
Chinese President Xi Jinping offered a vigorous defence of globalisation on Tuesday, pushing back against the "America First" rhetoric of Trump.
|
|
While there are complex reasons behind the slowdown, it's hard to ignore the rising popularity of trade protectionism and anti-globalisation.
|
|
For all the hand-wringing over immigration, Britain has spawned only one party that clearly opposes globalisation: the UK Independence Party.
|
|
Convinced that this "neoliberal" worldview has since been debunked, he says, Germans will march because they distrust markets, firms and globalisation.
|
|
While globalisation is sometimes portrayed as a corporate plot against the workers, that was not how it was seen before 1914.
|
|
Losers from globalisation and technological change need more ambitious support, from wage insurance to retraining and help to relocate for work.
|
|
Either error alone might have undercut support for globalisation—and the six decades of relative peace and prosperity it has brought.
|
|
Their state-led models failed to harness the power of globalisation, their weaknesses concealed by oil money sloshing through the region.
|
|
Globalisation had made the advantages of size more costly to obtain, as operations are not really efficient unless they are worldwide.
|
|
You're right, it is a groundbreaking piece of music that spans generations and highlights many of the great things about globalisation.
|
|
If globalisation has held down inflation, might its reversal—thanks to the trade war and Brexit—send it shooting back up?
|
|
If we want to push globalisation further, we have to give up either the nation state or democratic politics In theory, we could combine globalisation with international democracy (giving up the nation state) but as your blogger has pointed out before, politicians are stuck between voter demands for local control and the international forces that shape economies.
|
|
They see trade deals as a way to shape globalisation by moving beyond tariff cuts to agreements on shared standards and procedures.
|
|
All of these anxieties, over Islam, refugees, the EU and globalisation, are as pressing for European voters today as they were yesterday.
|
|
In fact, globalisation is not the only potential explanation of the surge in inequality; technology may be just as important a factor.
|
|
Globalisation has worsened inequality in Western countries, and the winners have not done enough to help the losers adjust to rapid changes.
|
|
Their prospects have dimmed of late; an entire industry built on the back of globalisation is fretting about the incoming American president.
|
|
Although just 37% of French people believe that "globalisation is a force for good", 77% of 18- to 24-year-olds do.
|
|
The deep roots of globalisation mean that trying to favour domestic companies by erecting tariffs no longer works as once it did.
|
|
A second was the rising anti-elite, anti-London and anti-globalisation mood of many voters, especially in the Midlands and north.
|
|
Productivity growth has been significantly lower during the globalisation era (173-present) than it was during the post-war years (217-217).
|
|
The market for fresh food, in contrast, is a thriving one for air-cargo companies thanks to the globalisation of eating habits.
|
|
The policy backlash against globalisation in America is not based on a popular revolt; rather, it is pandering to a dwindling minority.
|
|
Elites—at least those capable of introspection—learned how little they are trusted by voters who did not prosper amid rapid globalisation.
|
|
Globalisation has allowed food and farming techniques to cross borders, meaning that people on every continent can experience new flavours and textures.
|
|
This leads to a final concern about "closing the loop" of circularity: that it can ring-fence parts of economy from globalisation.
|
|
They argue that globalisation has benefited the elites and penalised the ordinary workers and that governments should put America/Britain/France first.
|
|
Mr Fieldsend's book shows how globalisation, and the professionalisation of all facets of football, have transformed the sport on the continent, too.
|
|
After 30 years of globalisation, growing profits and rising executive pay, businesses have forgotten how far the pendulum can swing in democracies.
|
|
Voters in Britain and America have turned emphatically against policies associated with globalisation, such as free trade and high levels of migration.
|
|
As the human and economic costs of dealing with the coronavirus rise, the importance of balanced development and multidimensional globalisation becomes clearer.
|
|
Liberal elites need to begin to champion localism with the same vigour that they have championed globalisation for the past 23 years.
|
|
Support for globalisation and the free market has been more variable, falling sharply during the financial crisis before recovering in recent years.
|
|
From the 1970s businesses began lobbying for a lighter regulatory touch, Mr Hughes says, which inaugurated an era of globalisation and financialisation.
|
|
But the socialists' urge for greater control of the firm is rooted in a suspicion of the remote forces unleashed by globalisation.
|
|
For example, globalisation is, in general, viewed quite favourably in many developing countries and immigration is usually not a big divisive issue.
|
|
Middle-class people are more "open" than working class people in part because they have not experienced the sharp end of globalisation.
|
|
I mean, they say one thing about Globalisation but if you look at what they are doing domestically, there is a contradiction.
|
|
The damage that globalisation has done to America's economy is as obvious to some as Dr Kimble's guilt was to his pursuers.
|
|
But even the IMF, the arch proponent of globalisation, admits there have been losers, often among the middle classes in advanced economies.
|
|
S. trade negotiations, according to the government's work report published on Tuesday, and is committed to safeguarding economic globalisation and free trade.
|
|
In the 19th century technological advance, globalisation and policy shifts all worked together in mutually reinforcing ways to produce dramatic economic change.
|
|
Mrs May and Mr Timothy seem to reckon those strengths—and globalisation itself—are much more malleable than their predecessors have realised.
|
|
The company said it would use the money to speed up globalisation plans for Alipay and to invest in developing financial technology.
|
|
In short, globalisation can mean rapid change in industries and across economies; change that many people find it difficult to adjust to.
|
|
Since the late 1990s, as you would expect given the logic of globalisation, American industry has become more concentrated and more profitable.
|
|
Some countries in Latin America, especially those on the Pacific seaboard, like Mexico, Chile and Peru, never turned their backs on globalisation.
|
|
One focus will be globalisation and digitalisation, trends that have spurred the success of the likes of Facebook, Alphabet's Google and Amazon.
|
|
The globalisation of China's capital markets is slowly gathering steam, as symbolised by the inclusion of Chinese stocks and bonds in global indices.
|
|
To those who had imagined that Mr Macron was a liberal free marketeer and staunch advocate of globalisation, it was a sobering moment.
|
|
The second force is resentment against the remote elites who have exploited the upside of globalisation while cunningly protecting themselves against the downside.
|
|
Cooperation between agencies has increased but this has not kept up with globalisation, which has blurred the distinctions between foreign and domestic medicines.
|
|
Now, as the outlook for globalisation grows cloudy, companies are starting to question the wisdom of the hyper-globalised supply chains thus created.
|
|
"The neglected underclass of those who felt left behind by economic growth, prosperity and globalisation can overturn elections and political systems," he said.
|
|
But since the 1990s globalisation has changed radically, as the internet has lifted the cost of moving ideas, and fuelled a second unbundling.
|
|
From the Seattle demonstrations of 1999 onwards, anti-globalisation activists had been saying much the same, while drawing less solace from the prospect.
|
|
In a speech at the World Economic Forum in Davos, China's leader, Xi Jinping, defended globalisation and said trade wars produced no winners.
|
|
It cuts against France's lingering distrust of free markets and reverence for the state, as well as the tide of anti-globalisation sentiment.
|
|
This is a country which romanticises a muscular anti-capitalist struggle, and whose people are more distrustful of globalisation than those anywhere else.
|
|
A fourth wrong notion is that globalisation is both inevitable and irreversible—the product of technological forces that mere human decisions cannot reverse.
|
|
In a thoughtful argument pitched towards the centre ground of American politics, Mr Obama staunchly defends free trade, globalisation and American-style capitalism.
|
|
These gains would have been impossible without the globalisation and technological transformation that drives some of the anxiety behind our current political debate.
|
|
It was against this background that immigration came to play its pivotal role in turning significant sections of the British public against globalisation.
|
|
The champions of liberal globalisation (ie anybody with any power) argued that their project was in everybody's interests, poor as well as rich.
|
|
The trouble with blaming worldwide factors including technology and globalisation is that the timing doesn't quite work and it is far from universal.
|
|
To placate voters by raising tariffs is to tackle 21st-century globalisation with tools better suited to the 20th (or even 19th) century.
|
|
As a movement that rejects globalisation, populism is a menace to companies that thrive on the free movement of goods, labour and capital.
|
|
But the solution to that is not to make them poorer, which is what the backlash against globalisation will do if it succeeds.
|
|
Among Leavers, 80% thought that social liberalism had been a "force for ill", 74% thought the same of feminism and 69% of globalisation.
|
|
The OECD notes that divergence in productivity is particularly marked in sectors which have been sheltered from competition and globalisation, most notably services.
|
|
They recall American political leaders assuring workers that high-value manufacturing would stay in America, even as globalisation carried cheap jobs to China.
|
|
Explanations for the strength of profits include less competition in some industries, in particular technology, and the way globalisation has suppressed wage growth.
|
|
Mr Xi presented himself as the champion of globalisation—the man who would save this wonderful process from the pitchforks of the Trumpenproletariat.
|
|
The reason for this is that the very process that has enriched the emerging world—globalisation—has hollowed out the old industrial world.
|
|
A defensive Europe of Christian nation states will set itself against a post-modern and increasingly integrated Europe open to immigration and globalisation.
|
|
Globalisation and the rise of a virtual economy are producing a version of capitalism that once more seems to be out of control.
|
|
It would also provide universal health care, a universal basic income, insulation from globalisation for workers, a jobs guarantee and other assorted goodies.
|
|
"The extent to which globalisation retreats, and the mood and sentiment coming out of Davos, may impact gold," HSBC said in a note.
|
|
Across the Western world there is growing unease about globalisation and the lopsided, unstable sort of capitalism it is believed to have wrought.
|
|
Two scenarios in the army's study saw a comeback of Russian-style "state capitalism" in some EU countries and a halt in globalisation.
|
|
But if Trump's administration is incapable of articulating a more inclusive vision for the world, the cheerleaders of globalisation will increasingly look east.
|
|
"How Brexit negotiations conclude will be a litmus test for responsible financial globalisation," he said in a speech at Thomson Reuters' London office.
|
|
The commission will also say globalisation will contribute to a further widening in inequalities unless further steps are taken to curb its downsides.
|
|
In this sense, globalisation has separated political from economic power and made the average voter feel more hopeless (and thus even more angry).
|
|
They have also supplied the drugs cartels (which benefit from globalisation in their own, malign way) with an endless supply of young recruits.
|
|
Mr Autor and two of his most frequent co-authors support the deal, arguing that the globalisation of manufacturing is a fait accompli.
|
|
But it is easier to rail against the hand of a politician who signs a trade deal than the invisible hand of globalisation.
|
|
And a position once considered near-heretical, that globalisation itself seems to create forces that erode political support for integration, is gaining currency.
|
|
But, as Brexit shows, when people feel they do not control their lives or share in the fruits of globalisation, they strike out.
|
|
These days such thinking holds sway in a commission fretful about the rise of anti-globalisation populists, like Marine Le Pen in France.
|
|
Now of course one can retort that pro-globalisation politicians have failed to ensure that workers have enjoyed the fruits of trade growth.
|
|
Mr Bilewicz's narcissistic nationalists feel that the disruptions to the economy caused by globalisation and technological change have increasingly rigged it against them.
|
|
AK: Well, I think that it's important for Davos, because Davos was always about globalisation, and freedom of trade, and development of cooperation.
|
|
Having gone through its anti-globalisation backlash, Latin America is finding that the world now offers fewer easy gains than in the past.
|
|
Trump has harshly criticised globalisation and questioned America's participation in multilateral institutions like the WTO, calling for a revamp of international trade rules.
|
|
Trump exposed raw feelings about globalisation and free trade held by many voters who witnessed U.S. factory jobs vanish and local economies stagnate.
|
|
It challenges one of the basic principles of globalisation, that standards of good business behaviour are fairly similar in much of the world.
|
|
Arguably, there is also not enough globalisation for Japanese businesses to accept anything less than a flawless performance from a non-Japanese boss.
|
|
The Economist: Mr Ren, before we ask you questions about Huawei, we would like to ask you a question about globalisation and about how technology is challenging globalisation, because you're also a very important global business leader, and you now have big companies that are selling products and services that can only make sense in a world of a great degree of trust.
|
|
Others may adopt a wait-and-see attitude, hoping that the current storms will pass and that the heady globalisation of yesteryear will return.
|
|
Investors were wary of China's response after the assistant commerce minister said the proposed U.S. duties would harm the World Trade Organization and globalisation.
|
|
She praised Britain's "great" decision to quit the European Union, and her calls to protect the national economy against "wild globalisation" echoed Mr Trump.
|
|
Trump has harshly criticised globalisation and questioned U.S. participation in multilateral institutions such as the WTO, calling for a revamp of international trade rules.
|
|
But passing these deals requires political will and convincing some disgruntled electorates, at a time when anti-globalisation rhetoric is thick in the air.
|
|
The difficulty is that in an age of rapid globalisation and technological change this consensus-based politics model slows you down a huge amount.
|
|
He suggests that low trust in government is linked with the decline of social capital (blame television), globalisation and the cult of the individual.
|
|
This idea was then picked up by several websites, including the Centre for Research on Globalisation, a hub for conspiracy theories and fake stories.
|
|
The Economist: Brexit and the rise of populist politicians seem to show that voters want to be protected from the harder edges of globalisation.
|
|
In January President Xi Jinping seemed to audition for the role in a speech praising globalisation at the World Economic Forum in Davos, Switzerland.
|
|
A "circle the wagons" approach to criticism of globalisation weakened the case for mitigating policies that might have protected it from a Trumpian backlash.
|
|
Many of these were former citizens with overseas passports, says Wang Huiyao of the Centre for China and Globalisation, a think-tank in Beijing.
|
|
Yet it is precisely places such as Rotterdam, the Netherlands' "gateway to Europe", that stand to lose the most from any retreat from globalisation.
|
|
I have this theory that what globalisation has now degraded to is a giant scam that allows very big corporations to pay no tax.
|
|
The other six "gates", or exhibition spaces, address such wide-ranging topics as spirituality, youth, peace, justice, globalisation, the integrity of creation and culture.
|
|
Globalisation might exact a price in terms of democracy: decisions that had once rested with local governments would be taken by politically insulated technicians.
|
|
Globalisation promised to deliver the liberal miracle: sustained economic growth produced by free trade in goods and the promiscuous intermingling of peoples and cultures.
|
|
But once again elite liberals seem to be determined to choose the dumbest option: doubling down on globalisation rather than recalibrating their core philosophy.
|
|
In many low-end manufacturing industries, the forces of globalisation sent jobs to China when it offered low wages, cheap land and tax breaks.
|
|
However, the GlobeScan results reveal that developing countries such as Nigeria and Chile support both globalisation and tariffs to protect jobs (see chart 2).
|
|
There is plainly some truth to that; economic disruption and wage stagnation, in part fuelled by globalisation, are the central problem of rich democracies.
|
|
It said the funds would be used to speed up globalisation plans for its popular Alipay payment platform and to invest in developing technology.
|
|
There are several reasons why the poorer regions of rich economies did not adjust as well to the winners-take-more geography of globalisation.
|
|
On the first two of those measures the world is far more integrated than in 1914, the peak of the previous age of globalisation.
|
|
The Volksbühne has taken on a symbolic role in a wider debate over the relationship between art, globalisation and the future of the city.
|
|
Globalisation and technology have made the network more powerful although America's share of world GDP has fallen, from 38% in 1969 to 24% now.
|
|
And people who pledge eternal allegiance to free trade can find their attitudes changing as the logic of globalisation extends from goods to services.
|
|
Globalisation and the growing importance of intangible assets, such as patents, have made concepts such as residence and sources of income much less useful.
|
|
Populists resist many elements of globalisation, disliking the free movement of capital, labour and (in some cases) goods because of the effects on voters.
|
|
However, this constitutional American exceptionalism is under growing pressure from globalisation, social fragmentation and a backlash from those who think they have lost out.
|
|
Instead they attribute it to a growing appreciation for cultural and linguistic diversity in the age of globalisation—a trend that transcends Scotland's borders.
|
|
Globalisation has enabled traffickers to run rings round officialdom, says Candice Li, vice-president of the International Anti-Counterfeiting Coalition (IACC), a lobby group.
|
|
A third issue is that globalisation means that business is conducted through "value chains", in which products are assembled or distributed in many markets.
|
|
The first great era of globalisation in the 19203th century saw the share of trade in global GDP rise eightfold between 1820 and 1913.
|
|
"But it can give ideas about the direction we should take", particularly in terms of training workers to adapt to globalisation, automation and digitalisation.
|
|
The deal helps the group's members reaffirm their commitment to free trade, even if the traditional champion of globalisation has radically changed its tune.
|
|
"The reasons why inflation is not where we want it to be are mostly beyond our influence: globalisation, the digitalisation of retail," Knot said.
|
|
"The reduction in the FDI (foreign direct investment) flows shows a trend of less globalisation," Robin Brooks, chief economist at the IIF, told Reuters.
|
|
In the prelude to the period covered in "Into the Night", progress in communication and transport technology had kickstarted a major phase of globalisation.
|
|
Only in Britain has the rolling back of globalisation, via its vote to leave the EU, had a very noticeable upward effect on prices.
|
|
Globalisation was one of the forces that helped created the First World War because it has profoundly destabilising effects, effects we are also seeing today.
|
|
So let us move to the current era of globalisation, during which the export share of global GDP has more than doubled since the 1960s.
|
|
A more recent analysis by The Economist of a dozen factors related to globalisation found that eight pointed to a decline in connectedness (see chart).
|
|
On Sunday Le Pen began her bid to be elected president in May, promising she alone could protect the French against Islamist militants and globalisation.
|
|
"The new guidelines are good news for Fosun's globalisation and overseas investments," Wang said at a news conference to discuss the company's first-half results.
|
|
He said deep-seated problems in global development had yet to be addressed effectively, with international trade and investment sluggish, and economic globalisation encountering headwinds.
|
|
India's 100-year film history spans colonialism, independence, partition and globalisation; a realist Indian cinema emerged parallel to the mainstream as early as the 1930s.
|
|
And his thoughts on economics are a muddle, but hue toward protecting local communities from the forces of globalisation that Abe has tried to harness.
|
|
In the era of globalisation a great equity bull market began in 1982 but declined in 2000-19803 with the bursting of the dotcom bubble.
|
|
Upheavals brought about by social changes—like the emancipation of women or the globalisation of labour markets—are already hard for some people to bear.
|
|
Mr Baldwin says that discontent with globalisation stems in part from an "ill-defined sense that it is no longer a sport for national teams".
|
|
Nestle Chairman Peter Brabeck-Letmathe, who served at the helm of the world's largest food group during the heyday of globalisation, also sounded alarm bells.
|
|
Trade has grown 1.5 times faster than gross domestic product over the long term, and twice as fast when globalisation picked up in the 1990s.
|
|
FOR DECADES Joseph Stiglitz has argued that globalisation only works for a few, and government needs to reassert itself in terms of redistribution and regulation.
|
|
And although it may have become more mobile because of globalisation, many investment opportunities in America—in Silicon Valley, say—are hard to replicate elsewhere.
|
|
Amid anger over inequality, immigration and cultural change, basic elements of the liberal credo, from globalisation to free speech, are assailed from right and left.
|
|
Parag Khanna is a senior research fellow at the Centre on Asia and Globalisation at the Lee Kuan Yew School of Public Policy in Singapore.
|
|
Mr Trump, in particular, offers (false) hope to many Americans buffeted by such large forces as globalisation, automation, female emancipation, civil rights and cultural change.
|
|
And globalisation was helped by lower tariffs, which fell from 22% of total value in 1947 to 2.6% in 2017, according to World Bank research.
|
|
He has been a fervent opponent of Le Pen for years, but her anti-establishment, anti-globalisation stance could resonate with some of his voters.
|
|
There is a marked difference between favourable globalisation and open markets, and the narrow economic fruits of poor governance, weak rule of law and corruption.
|
|
As globalisation has advanced, college-educated workers have enjoyed faster wage gains than their less educated countrymen, many of whom have suffered stagnant real earnings.
|
|
Touted as a measure to help the lowest paid, whom globalisation has not treated kindly, Britain's new NLW is being watched closely by other countries.
|
|
Some economists suggest that they could actually provide a boost to globalisation, by making trade liberalisation seem more palatable to those whose livelihoods it threatens.
|
|
At the turn of the century, parts of Latin America suffered the kind of backlash against globalisation that now affects Europe and the United States.
|
|
Our special report this week argues that the anchoring of inflation expectations, technological change and globalisation have conspired to make inflation a less meaningful indicator.
|
|
He has been a fervent opponent of Le Pen for years, but her anti-establishment, anti-globalisation chord could resonate with some of his voters.
|
|
More from the Financial Times:May seeks two-year transition to smooth BrexitCarmakers update workers' skills to drive next generationHow US businesses lost faith in globalisation
|
|
And in the process we might bring to an end the globalisation era of the last 35 years and usher in some new kind of system.
|
|
They call for government to break up big banks, make sure the rich pay taxes or erect tariff or regulatory barriers to keep globalisation at bay.
|
|
Beset by stagnant wage growth, less than half of respondents in America, Britain and France believe that globalisation is a "force for good" in the world.
|
|
Mr Baldwin's grand theory of globalisation is of a series of unbundlings, driven by sequential collapses in the cost of moving things and ideas across space.
|
|
From the domestication of the camel around 193,000BC to the first commercial steam engine in 1712, the first great wave of globalisation unbundled production and consumption.
|
|
She attacks trade, globalisation and the liberal policies of Mr Fillon, while claiming that strong borders, and pulling out from the euro, would end "economic suffocation".
|
|
In fact, protectionism is highly unlikely to restore American manufacturing jobs, which are under threat from automation as well as globalisation, as our recent briefing showed.
|
|
It is about the decades-long slide into economic oblivion experienced by many Americans, which undermines your arguments on the benefits of globalisation and free trade.
|
|
All the carve-outs, side-letters and "interpretative declarations" point to how trade policy skirts around the benefits of more openness, more trade and more globalisation.
|
|
She decries globalisation as a threat to French jobs and Islamists as fomenters of terror who make it perilous to wear a short skirt in public.
|
|
In today's age of backlash against globalisation, the arc that Mr Stach draws between "The Early Years" and Kafka's later life takes on a new significance.
|
|
The centre-left, to be sure, is losing to right-wing populists wherever globalisation has caused factories to close—yet the Democrats' defences were too weak.
|
|
"These [chip] companies have been told that globalisation is great for the past 20173 years," says Paul Triolo of the Eurasia Group, a political-risk consultancy.
|
|
Such an agreement would be far simpler, limited largely to tariff reduction, and would not be known as "TTIP", a red rag to anti-globalisation protesters.
|
|
Not only were the gilets jaunes left behind, they felt scorned by the winners of globalisation, embodied by the haughty and remote figure of Emmanuel Macron.
|
|
Many of these angry voters are from small towns and rural parts that have lost jobs, factories and services, and see no benign side to globalisation.
|
|
It needs to work out ways of engaging without overstretching its abilities and of embracing globalisation without forgetting that it has downsides as well as upsides.
|
|
At the same time Germany's traditionally egalitarian "social market economy" is becoming more polarised as globalisation buffets old industrial centres like Essen; hence the food banks.
|
|
We need to look at the positive things and I think it's great news to listen to the Chinese President talking about how positive is Globalisation.
|
|
To the extent that globalisation has boosted the world's growth over decades, separatist moves such as Brexit could hamper growth in the long run, investors say.
|
|
Globalisation no longer just means exporting BMWs, but also allowing in Muslim refugees, some of them with attitudes on gender and Jews that Germans find offensive.
|
|
Second, at least some of the anger directed at globalisation stems from anxiety about new technologies, such as artificial intelligence, that threaten established patterns of employment.
|
|
Mr Peña Nieto's administration has done something to extend the benefits of globalisation to this other Mexico by deregulating telecoms and taking on the teachers' unions.
|
|
MOST analysis of Donald Trump's support has focused on his appeal to poorer working-class whites, who are assumed to have lost the most from globalisation.
|
|
For those, such as this newspaper, who believe in the gains from globalisation and the American-led liberal order, this is a truly terrifying world-view.
|
|
KRISTIN SKOGEN LUNDDirector-generalConfederation of Norwegian EnterpriseOslo The Brexit vote was more a democratic rebellion against meritocrats than a "backlash against globalisation" (Free exchange, July 2nd).
|
|
However, as this blog pointed out before the vote, this camp sat uneasily with the more nativist, anti-globalisation and anti-immigration side of the campaign.
|
|
A fervent supporter of the European Union and globalisation, Mr Macron is being accused of nationalism, protectionism and of trying to shore up his declining popularity.
|
|
It is impossible to look at the works in the Guggenheim show and not make the leap to other artists interested in the effects of globalisation.
|
|
Paradoxically, globalisation has inflamed separatism around the world by raising the question Catalans now confront: to whom, exactly, do we owe a sense of social responsibility?
|
|
The WEF is a haven for supporters of globalisation who espousing the very free trade pacts that Trump has blasted as unfair to the United States.
|
|
It can stand for globalisation, the power of marketing, rampant consumerism, and the addictive nature of technology-enhanced food products (like, say, high fructose corn syrup).
|
|
He blames big business, more than governments, for crony capitalism, while ignoring the role firms have played in helping lift many out of poverty through globalisation.
|
|
But another effect of globalisation has been to bring down the price of manufactured goods as their production has shifted to economies with low labour costs.
|
|
There is a new "traditionalist" backlash against "modern" women, as a result of a moral panic about the loss of culture in the face of globalisation.
|
|
U.S. CDS meanwhile widened by 13 percent over a year marked by the election of Donald Trump as President on a anti-globalisation, anti-immigration platform.
|
|
The most starry-eyed watched a speech defending globalisation given by Xi Jinping, China's president, to the World Economic Forum, and saw a new global leader emerge.
|
|
His rosy vision of the future imagines globalisation unshackled from its third constraint, as labour is made mobile by robots allowing people to offer their services remotely.
|
|
Here, at a time of global uncertainty and anxiety for capitalists, was the world's most powerful communist presenting himself as a champion of globalisation and open markets.
|
|
In January Mr Zuckerberg said he would travel to 30 American states this year to meet ordinary Americans and hear how globalisation and technology have affected them.
|
|
One was modern economics, which, Mr Collier says, assumes individuals are selfish and rootless, and which argued for a freewheeling kind of globalisation because it is efficient.
|
|
To bridge such divides, Mr Macron needs to find a way of speaking to those who do not share his optimism about the benign nature of globalisation.
|
|
But the answers to more general questions about globalisation do not come close to suggesting that most Americans have turned towards economic isolationism—if anything, the reverse.
|
|
He attributed the farmers' grievances, even those caused by ineluctable market forces, to machinating cliques, rather as Mr Trump claimed globalisation could be reversed by squeezing bosses.
|
|
Mr Renzi's referendum thus looks like a call for Italy to open up for more globalisation—just when a backlash against such ideas is in full swing.
|
|
Many readers will be familiar with Mr Rodrik's globalisation trilemma, the idea that the world can have at most two of: economic integration, national sovereignty and democracy.
|
|
While economic globalisation and technology have moved the world toward convergence of unprecedented scope and at a swift clip, the cultural and political imagination engenders the opposite.
|
|
He studied the entertainment industry, to understand how technology and globalisation are affecting the economics of popular music (another passion): a book is due out in June.
|
|
Maprox, a maker of specialised "chuck" clamps used in the watch, medical, optical and automotive industry, said there are only two ways to survive - globalisation and innovation.
|
|
Firms worry that the full-tilt globalisation seen between 1990 and 2010 is no longer underwritten by America and no longer commands popular consent in the West.
|
|
At Davos in January Mr Xi promised the global elite that he would be a champion of globalisation, free trade and the Paris accord on climate change.
|
|
During his campaign Mr Macron made the case for globalisation and free trade, whereas Ms Le Pen promised to put up barriers and shut out foreign competition.
|
|
After 1990 this bout of globalisation went into warp speed as China rebounded, India and Russia abandoned autarky and the European single market came into its own.
|
|
But its notional priority, access to the single market, is at odds with Mr Corbyn's lifelong scepticism of globalisation in general and of the EU in particular.
|
|
Small advanced economies, such as Singapore, Sweden and Switzerland, have adapted well to the challenges and opportunities from globalisation in ways that many larger economies have not.
|
|
Germany has gained more from globalisation than it has lost; you can see that in Big Dutchman's logistics yard, full of packages destined for Senegal and Chile.
|
|
But Africa was largely left out of the most recent waves of globalisation, in which labour-intensive manufacturing moved out of Europe and America and into Asia.
|
|
"Trump's protectionist policies may prove another big step back in the gradual unwinding of goods globalisation that has defined the past 30 years," wrote analysts at Nomura.
|
|
Chiedu Osakwe, Nigeria's chief negotiator, says that many concerns are "caught up in the whole populist globalisation blowback" (union leaders approvingly cite the policies of Donald Trump).
|
|
In a recent survey of people in 28 countries, 62% of respondents worried about globalisation; 55% thought an influx of foreigners was harming their economy and culture.
|
|
The advocates of the open/closed theory frequently argue that professional people—that is people like them—are more comfortable with globalisation because they are more educated.
|
|
The policy implication of this is that we need to invest more in education so that everybody can be as successful at managing globalisation as the elites.
|
|
The move was revealed at an internal meeting on Wednesday, the sources said, adding that Jiang will still be involved in ICBC's globalisation strategy after his retirement.
|
|
Forget about a disaffected working class buffeted by globalisation and automation, pent-up racial resentments finding an outlet or the advent of the 303-hour news cycle.
|
|
But above and beyond those acute practical problems, perhaps the very idea of bland liberal supra-nationalism as part of technological globalisation is running out of legitimacy.
|
|
The commission's push to assert more political control over globalisation comes amid tension in world trade over Mr Trump's demands for a shake-up of global commerce.
|
|
The discarding of what were previously uncontroversial statements on trade was taken as a sign of the anti-globalisation mood that Mr Trump had brought to Washington.
|
|
The squeeze has been hardest for people feeling pre-existing pressures: blue-collar workers, hurt by globalisation, and millennials facing rising college debts and competition for jobs.
|
|
GLOBALISATION has created a handful of metropolises that attract people, capital and ideas from all over the world, almost irrespective of how their national economy is doing.
|
|
During a speech that at times tilted more towards Europeans' fears than their aspirations, Mr Juncker vowed endless forms of "protection": from terrorism, globalisation, corporations and competition.
|
|
This vulnerability has increased through the signing of FTAs and the spread of globalisation, which has brought more emerging markets into the warmth of the global economy.
|
|
The chaos of power, the fragility of empires, the tottering precariousness of globalisation—devour or be devoured—these were the themes he returned to again and again.
|
|
In the example of Liechtenstein international trade, globalisation is not a zero-sum game where you have only one party that benefits and the other part not.
|
|
But EU Trade Commissioner Cecilia Malmstrom conceded the deal had fallen victim to wider concerns about the impact of globalisation and whether foreign companies were too powerful.
|
|
The industry faces a squall of new pressures from trade tensions, the partial unwinding of globalisation and an anti-flying campaign from climate activists, notably in Europe.
|
|
"With increasing globalisation and the ever-growing demand for natural resources, protecting the rainforest and its indigenous people has become an ever more urgent task," he added.
|
|
Ant, in its statement, said it would use the funds to speed up globalisation plans for its Alipay payment platform and to invest in developing financial technology.
|
|
Globalisation and technological disruption have created a demand for community while high levels of immigration have put the question of national identity back at the heart of politics.
|
|
"If (Brexit) is an important landmark in terms of a reversal of globalisation, I think that's very bad for the world, it's very bad for China," Huang said.
|
|
It is a world where Uber, bike-share schemes and co-working spaces are nowhere to be found, and where people sense that globalisation has passed them by.
|
|
It shifted further in January when Mr Xi went to the World Economic Forum in Davos, Switzerland, and told the assembled throng that China should "guide economic globalisation".
|
|
As the delta's main source of capital and provider of manufacturing and commercial services, the city was responsible for much of the region's division of labour and globalisation.
|
|
In "The Great Convergence", Richard Baldwin, a Geneva-based economist, adds an important detail: like wind and water, globalisation is powerful, but can be inconstant or even destructive.
|
|
It has to do with the economic crisis, globalisation, automation, immigration, stagnant wages, social media and a less deferential culture; albeit in drastically varying proportions in different countries.
|
|
WHILE Donald Trump's policies on the international flow of goods, services and people have oscillated between cosmetic and consequential, his speeches about globalisation have carried a consistent message.
|
|
This may be a result of monopoly power in some industries (see Free exchange), or perhaps of the reduced bargaining power of workers in an age of globalisation.
|
|
Far from making it easier to mitigate the downsides of globalisation, a regional world would struggle to solve worldwide problems such as climate change, cybercrime or tax avoidance.
|
|
If liberals want to save globalisation and a rules-based order, they need to think hard about how to reform it—and this probably involves dialling back integration.
|
|
At an event in Thessaloniki, sharp-suited young men from both parties hailed the establishment of a common front against both Islam and liberal globalisation in their region.
|
|
Whatever any country leader says about banning travel or shutting down the movement of people, the world is accelerating its globalisation and that means people move around. Duh.
|
|
They also wanted Britain to support Mr Xi's attempt to present himself as a leader of globalisation by embracing his buzz-phrase about a "shared future for mankind".
|
|
Globalisation and the liberalising "Hartz" labour-market overhaul of the early 2000s were big factors in Germany's economic success, but they have also made the country more unequal.
|
|
We had President Xi come to Davos and talk about the importance of globalisation and there is an irony there given the tone that president elect is taking.
|
|
However, Wang Huiyao, the director of the Centre for China and Globalisation, said the belt and road initiative would be unsustainable without the involvement of international financial institutions.
|
|
Then work began on a long list of problems, including simmering trade disputes, overstretched central banks, corporate tax avoidance and a populist backlash in several countries against globalisation.
|
|
Like other booming cities, including New York, London thrives amid globalisation and technological change, which boost both demand for its financial services and the market for its startups.
|
|
To simplify, lots of people want something impossible: a return to some hazily-remembered golden era before globalisation, offering jobs for life, upward mobility and shared traditional values.
|
|
Unless they believe that the global order works to their benefit, Brexit risks becoming just the start of an unravelling of globalisation and the prosperity it has created.
|
|
The move came after far-right National Front leader Marine Le Pen launched her presidential bid, vowing to fight globalisation and take France out of the euro zone.
|
|
Suma Chakrabarti, president of the European Bank for Reconstruction and Development (EBRD), believes a "modern version of globalisation" is possible but acknowledges it will take time to emerge.
|
|
The likes of the Kirchners and Venezuela's Hugo Chávez railed against "neoliberalism" and "savage capitalism", by which they meant the free trade and free markets that underlie globalisation.
|
|
While the Premier League era was in full swing by the summer of 1996, the globalisation of English football was nowhere near as developed as it is today.
|
|
There are some similarities between Melenchon's platform and Le Pen's, as both are skeptical of the EU and globalisation, but they differ sharply on other issues including migration.
|
|
On the other side, the same globalisation of production has allowed even corrupt and not very competent governments to preside over substantial export growth and modern job creation.
|
|
"The globalisation and consolidation trends that have characterized the industry over recent years have further stimulated the group to proactively search for available strategic partnership opportunities," Gorenje said.
|
|
"Against the backdrop of rising unilateralism and anti-globalisation, the SCO's opposition to trade protectionism in any form is especially encouraging," the English-language daily in an editorial.
|
|
While far-right supporters often see Jews as "a cosmopolitan foreign agent" threatening national identity, far-left groups sometimes blame Jews for economic uncertainties and tensions caused by globalisation.
|
|
IN THE BOOM years of globalisation from 23, one of the ideas that became gospel, spread by authors such as Thomas Friedman, was that the world had become flat.
|
|
In his book "The Great Convergence", Richard Baldwin argues that the resulting blend of Western industrial know-how and Asian manufacturing muscle fuelled the hyper-globalisation of supply chains.
|
|
But now there are signs that the golden age of globalisation may be over, and the great convergence is giving way to a slow unravelling of those supply chains.
|
|
"Peak" 2016 For Bank of America Merrill Lynch, 2016 saw "peak liquidity, peak inequality, peak globalisation, peak deflation" and the end of the biggest ever bull market in bonds.
|
|
While millennials tend to hold more left-wing economic views, they are far keener on the idea of globalisation, broadly conceived, thanks to their more positive attitudes towards multiculturalism.
|
|
Compared with other Europeans, French voters are strikingly opposed to globalisation and international trade, and few think immigrants have had a positive effect on their country (see chart 2).
|
|
Many Leavers felt that they had lost something more important than material living standards in the era of globalisation: they had lost a sense of belonging and self-respect.
|
|
Broadly speaking, when Chaguan visited the firm's headquarters this week, senior Huawei officers advanced two different solutions to the problem of high-tech globalisation in a low-trust age.
|
|
On December 21990th Global Times, a jingoistic newspaper published in Beijing, ran an opinion piece blaming globalisation for China's income inequality, housing bubbles and the ravaging of its environment.
|
|
Following the votes for Brexit and Donald Trump, a victory by Marine Le Pen of the National Front (FN) in France's presidential election would complete the anti-globalisation trifecta.
|
|
A lot of what you said in your leader on trade and globalisation made sense, but those who oppose trade deals are not "wrong" ("Why they're wrong", October 1st).
|
|
The mainstream political parties were captured by the organised special interests of an insider establishment that failed to address the dislocations of globalisation and disruptions of rapid technological change.
|
|
Mr Tata, who was chairman between 227 and 225, led a bold globalisation drive, which included the acquisitions of Jaguar Land Rover (JLR) and Corus, a British steel firm.
|
|
It is a form of compensation to those who are harmed by globalisation that Paul Samuelson, who passed away in 2009 at the age of 94, might have endorsed.
|
|
Certain sections of the population were worse off than before but the idea was that the benefits of globalisation for society as a whole could easily compensate for this.
|
|
Although the commission will make the case that globalisation is a positive force that boosts economic growth, it will say the benefits are spread unequally and fan social polarisation.
|
|
Parag Khanna is a senior research fellow in the Centre on Asia and Globalisation at the Lee Kuan Yew School of Public Policy at the National University of Singapore.
|
|
WITH its high unemployment, pervasive crime and rows of empty shops, the Belgian town of Charleroi is a "musée de la globalisation", quips Nico Buissart, with something approaching pride.
|
|
The tightness of the race is largely due to Mr Trump's success in rallying working-class whites with his dystopian vision, racially loaded language and promise to reverse globalisation.
|
|
The Republicans championed open markets and free trade until not so long ago while large sections of the Democratic Party acted as globalisation cheerleaders, led by the Clinton dynasty.
|
|
Certainly a concern would be a more isolationist, protectionist U.S., which would reinforce a fear that, after an era of globalization, we would enter an era of de-globalisation.
|
|
In doing so, he co-opted a position long held by progressives such as Sanders and Warren that globalisation had benefited multinational corporations at the expense of U.S. workers.
|
|
However, there is not enough globalisation of ethical and cultural standards for Ghosn to accept that a court system in which 99% of trials end in conviction is fair.
|
|
There was definitely a new world opening up with new problems after the dictatorship, because there was a huge financial crisis too, it was essentially the beginnings of globalisation.
|
|
"In our lifetime the developed world believed economic integration, leading to globalisation, was a necessary condition for political peace," Staley said in London at a Financial Times banking conference.
|
|
FA: So, we do, every other year, a survey which is called DHL Connectedness, and that's with some professors, and that will be published very soon, but preliminary results, of the results I have seen, show that 2017 was the best year ever, in globalisation, and even in '18, you have seen more free trade agreements than in some other years, so globalisation is not on the retreat, it's continued, despite all the noise.
|
|
As a top exporter embedded in the Eurasian continent and thus without the geographic buffers of Britain, America or Australia, it is perhaps uniquely invested in the architecture of globalisation.
|
|
Far-sighted bosses know their stance on China must reflect a balanced assessment, not a delusional vision of globalisation in which anything less than a triumph is considered a travesty.
|
|
Assuming globalisation to be irreversible, firms embraced such practices as lean inventory management and just-in-time delivery that pursued efficiency and cost control while making little provision for risk.
|
|
British politics since the 21642s has been dominated by liberal globalisation: dismantling the corporate state at home; pushing for a single market in Europe; championing global integration around the world.
|
|
The big argument of "Refuge" is that refugees should be given jobs rather than coddled as victims, and that governments should harness the forces of globalisation and capitalism to help.
|
|
Millions of people like Mr Li have powered China's rise over the past three decades, working in the boom-towns that have prospered thanks to China's enthusiastic embrace of globalisation.
|
|
Better-educated workers in the west can take advantage of global mobility, as their skills are more sought after, so they tend to be pro-globalisation—hence the electoral split.
|
|
When Chinese envoys grouse about a world trade and financial architecture designed in Western capitals after the second world war, they have been reminded how globalisation has powered China's growth.
|
|
When globalisation weakens religion and culture, these get reinvented "in more severe, monochromatic and ideological form"—not so much the clash of civilisations as the clash of artificially reconstructed ones.
|
|
"Right now there is a high polarisation around globalisation versus nationality, which favours both the Greens and the radical right," says Emilie van Haute of the Université Libre in Brussels.
|
|
The president has derided and championed immigration, which Mr Bannon considers an adjunct of globalisation; he has supported and scorned military intervention, which Mr Bannon thinks a ruinous elite dalliance.
|
|
Today support for full-blown populists is often bound up with the dislocation of globalisation, including rapid industrial change, mass immigration, shifting social values and a declining sense of community.
|
|
This year trade will grow only 80 percent as fast as the global economy, the WTO said, the first reversal of globalisation since 2001 and only the second since 1982.
|
|
But both the EU and Japan make yet grander claims for their agreement, hoping it can shape the rules of globalisation by enshrining high product standards that will become global.
|
|
If we want to help globalisation, we'd better start helping those hurt by it In the American case, it's not simply that the winners have failed to compensate the losers.
|
|
But for someone whose job, or the job they used to do, is now located somewhere else, as a result of globalisation, it's not nearly as positive as an experience.
|
|
Multinational companies in particular are more likely to combine their support for globalisation with the espousal of wider societal goals such as protecting the environment, ethnic diversity and gay rights.
|
|
Mr Trudeau thinks one way to counter a backlash in the West against globalisation would be to make trade agreements include strict standards for labour, the environment and human rights.
|
|
"Tight jobs markets will pressure wages upwards, but technology, automation, and globalisation are important – and slow moving – forces acting in the opposite direction," Sunderji argued in a note to clients.
|
|
Wang Huiyao of the Centre for China and Globalisation, a migration think-tank in Beijing, believes the SIA may devise ways of allowing more people in with specific needed skills.
|
|
Yet he also cut deep into Mrs Clinton's lead among blacks, apparently, in a state that has lost thousands of factory jobs in recent decades, with his anti-globalisation message.
|
|
Issues such as data protection and taxation of crossbred online purchases must be worked out, he said, but e-commerce could be "a bulwark against the negative effects of globalisation".
|
|
Many of those backing Brexit are more than likely to be against globalisation and free trade as well as immigration; they believe that they have been losers from all three.
|
|
Since the country started opening up in 1978, around 22m Chinese have moved abroad, according to Wang Huiyao of the Centre for China and Globalisation, a think-tank in Beijing.
|
|
"We are deeply concerned over the rising tide of protectionism and anti-globalisation sentiments," said a statement issued on behalf of the ASEAN chair at the end of summit talks.
|
|
"I think [the encyclopaedia] needs to have a framework that emphasises globalisation, democracy, and diversity," U.S.-based historian Huang Annian, who has been invited to work on the encyclopaedia, wrote.
|
|
France's far-right leader Marine Le Pen began her bid to be elected president in May on Sunday, promising she alone could protect the French against Islamic fundamentalism and globalisation.
|
|
"There will be no return to a world before globalisation," they wrote, stressing the benefits of a free trade deal being negotiated between the European Union and the United States.
|
|
It's the kind of protectionism many feared after the financial crash in 2008, and it remains a very open question what that means for a world already questioning relentless globalisation.
|
|
The export-dependent region, home to companies like fashion retailer H&M, logistics giant Maersk and metals maker Norsk Hydro, has for decades benefited from the gradual globalisation of markets.
|
|
Surfing on hostility to globalisation and immigration, populists could deal further blows to European unity in Austria's re-run presidential election and Hungary's referendum on migrant quotas on Oct. 2.
|
|
"The leaders will meet on Sunday and the first thing will be this very issue (anti-globalisation)," Alan Bollard, the APEC secretariat's Executive Director, told Reuters in an interview on Thursday.
|
|
"Mr Macron has no project to protect the French people in the face of Islamist dangers," she said, adding that the run-off with Macron was a referendum on "uncontrolled globalisation".
|
|
Policymakers as well as academics stipulated that trade should be fair as well as free, with optimism about the benefits of globalisation countered by renewed calls to strengthen the nation-state.
|
|
Because the election was so close, decided in just a few battleground states, Mr Sanders could have won by convincing a few hundred thousand workers angry about globalisation and free trade.
|
|
On May 3rd she lashed out at Mr Macron in a televised debate against the 823-year-old one-time banker, casting the election as a referendum on globalisation and finance.
|
|
But talk of "guiding globalisation" and a "China solution" does not mean China is turning its back on the existing global order or challenging American leadership of it across the board.
|
|
Yet the working class is confronted by powerful economic headwinds such as globalisation, which means it is cheaper to make ships in China, and automation, which reduces the demand for labour.
|
|
"Fusion", the longest of just four chapters, describes the successes of economic globalisation, but also the costs borne by the less well-off in rich countries, notably Britain, America and France.
|
|
In my mind, globalisation is an insurance policy against world war three, because if you have assets and supply chains in another country you have an incentive not to bomb it.
|
|
By hammering trade deals, to which he inaccurately attributes most of those problems, Mr Trump has aimed to vindicate the sense of grievance over globalisation that many working-class whites feel.
|
|
The trail of potential harm to companies—both from America's tariffs and from retaliation by others—also shows how globalisation makes a mockery of attempts to aim tariffs precisely at foreigners.
|
|
In England's case, Brexit also highlights a new layer in the political divide, which Prime Minister May alluded to in 2016 when she pledged to help those "left behind" by globalisation.
|
|
He continued to write that the losers from globalisation need to be compensated by the gainers to address the drastic increase in inequality we have seen in the past few decades.
|
|
That was always an elite project that failed to stir the emotions of most conservative voters and, when it came to gay marriage and hyper-globalisation, may well have repelled them.
|
|
But it was an elite project that was destroyed in the flames of the Iraq war, arguably the first and last war of neo-conservative globalisation, and the 2008 financial crisis.
|
|
Marine Le Pen is more exercised by unfettered capitalism and "savage globalisation" than by family values, in line with her courtship of the working-class former Communist vote in France's rustbelt.
|
|
Exam-passers combine a common ability to manage the downside of globalisation with a common outlook—call it narcissistic cosmopolitanism—that binds them together and legitimises their disdain for rival tribes.
|
|
U.S. President Donald Trump is the most obvious example of a break with decades during which most developed-world leaders viewed globalisation as beneficial for almost everyone, a win-win approach.
|
|
Elsewhere, Mrs Clinton has found the going harder, with Mr Sanders's excoriations of Wall Street and globalisation winning the love of younger and white voters in most states outside the South.
|
|
Investors were wary of China response to the latest U.S. tariff threat, as the country's assistant commerce minister said the proposed U.S. duties harm the World Trade Organization system and globalisation.
|
|
Meanwhile, the indigenous Mayans felt they had been marginalised, with their traditional manner of collective farm ownership, or ejido farming, increasingly jeopardised by government policies and the slow encroachment of globalisation.
|
|
C. C. WOODSanta Fe InstituteSanta Fe, New Mexico Your piece on Canada's recent federal budget mentions the "discipline" practised by the former Conservative government ("Globalisation with a human face", March 193th).
|
|
The same forces roiling American and European politics are also present in most of Asia: internal ethnic and communal tensions; protectionist fears about globalisation and job losses; and angry, assertive nationalism.
|
|
Political risks, including those stemming from the backlash against globalisation in the West, as well as a possible loss of confidence in the Chinese yuan, were also challenges, the IIF added.
|
|
The advent of leftist populism in Venezuela and other Latin American countries as a reaction to that ideology only forestalled the anti-globalisation forces that are now apparent in Western countries.
|
|
What globalisation does do is expose where domestic companies have become inefficient or complacent; they lose market share to cheaper or more innovative rivals (remember America's car companies in the 1970s).
|
|
The first great era of globalisation, which ended in 1914, gave way to a long period of declining inequality, in which harmful countervailing forces played a bigger role than beneficial ones.
|
|
" A draft final statement for the ASEAN summit seen by Reuters said the leaders would express "deep concern over the rising trade tensions and on-going protectionist and anti-globalisation sentiments.
|
|
In her first book, "Liberal Nationalism", published in 1993, she argued—against a rising tide of globalisation—that nationalism still had a role to play and that it can complement liberalism.
|
|
FDI, which includes cross-border mergers and acquisitions (M&A), intra-company loans and investments, is a bellwether of globalisation and a potential sign of future growth of corporate supply chains.
|
|
The euro staggered on Monday after France's far-right National Front leader Marine Le Pen launched her presidential bid, vowing to fight globalisation and take France out of the euro zone.
|
|
Lorsque Mme Le Pen parle des pauvres, des exclus, des ouvriers, des agriculteurs ou des commerçants, elle vise un seul peuple meurtri par la globalisation, l'Union européenne, l'euro, l'immigration et l'islamisation.
|
|
The point of Mr Trudeau's premiership has largely been to boost Canada's immunity with a liberal tonic that combines social justice and environmentalism with advocacy of globalisation and a dash of redistribution.
|
|
Investors were largely focussed on French politics, as far-right National Front leader Marine Le Pen launched her presidential bid, vowing to fight globalisation and take France out of the euro zone.
|
|
Miao Lu, secretary general of the Centre for China and Globalisation, a Beijing-based think tank, said securing top talent was critical if the nation was to become a globally influential power.
|
|
Though he has long been short on precise policies (he was due to publish a manifesto as The Economist went to press), Mr Macron is pitching himself as the pro-globalisation revolutionary.
|
|
Globalisation, trade, migration, the rise of the internet, and the advent of artificial intelligence/robotisation have all been blamed for the adverse impact on those who make a living from manual labour.
|
|
Many of these angry voters are from small towns and rural parts that have lost jobs and services, and see no benign side to the forces of globalisation that Mr Macron defends.
|
|
Recent research lays bare how feebly workers were able to adjust to the costs of globalisation, and suggests that inequality and inadequate government spending could doom the economy to perpetual, "secular" stagnation.
|
|
She embraced globalisation, then hardly a word: capital controls were abolished; the "Big Bang" re-established London as the world's financial centre; and Britain led the reforms that created Europe's single market.
|
|
In this system inequality widened again (although economists still debate how to parcel out the blame between technological change and globalisation, as China and other countries took a full part in trade).
|
|
In the past couple of years, jobs in manufacturing have been declining, partly because globalisation is beginning to play the same sort of role in China as it does in developed countries.
|
|
Allen Lane; £35A distinguished scholar of Germany tots up the winners and losers in the century after the Battle of Waterloo, which could rightly be described as the first age of globalisation.
|
|
The 1914-45 period is one of the darkest in world history, marked by two world wars and the Great Depression (events which explain why the retreat from globalisation was so severe).
|
|
Now the conventional wisdom that both Britain and America inherited from these eras—support for globalisation, free trade, open markets and multiculturalism—has been challenged again on both sides of the Atlantic.
|
|
Mrs Clinton's two-point polling slip cost her dearly in the "Rust Belt", a collection of states surrounding the Great Lakes characterised by manufacturing-oriented economies that have been decimated by globalisation.
|
|
As long as liberalism is synonymous with globalisation—with global elites cocooned in global institutions and global multinationals reaping economies of scale across a global market—it will be destined to wither.
|
|
Mrs Merkel's commitment to protecting rules-based globalisation is evident in her close involvement in climate talks, which began at a 1995 summit in Germany when she was the CDU's environment minister.
|
|
For the populist right, it's about globalisation riding roughshod over national interest and identity and the liberal elite destroying the pride and cohesion of "people like us" by imposing diversity and cosmopolitanism.
|
|
We can see this divide increasingly separating tight, rural communities that relied on manufacturing from loose cities which are more diverse, mobile and that embrace globalisation—in countries all around the world.
|
|
Given that model, it's no surprise that those on the wrong side of globalisation would push back against it, or that some charismatic, faux-populist would surface to represent their legitimate grievances.
|
|
"The goal is for Altice to become the group's only company to have its equity securities traded on a regulated market, reflecting the group's expanding globalisation," the company said in a statement.
|
|
"We've achieved peak globalisation ... If you have a couple of years of this to play out, that's not the best time to be in emerging markets," Laxminarayan told the summit in Singapore.
|
|
A three-pronged agenda of demand management, active labour-market policies and boosting competition would go a long way to tackling the problems that are unfairly laid at the door of globalisation.
|
|
Dani Rodrik, of Harvard University, argues that a good way to build public support for globalisation would be to link trade pacts with agreements on, for instance, the taxation of multinational companies.
|
|
Globalisation — Europe's open economies welcome migrants from across the globe while South America is relatively closed -– combined with a media spotlight based in the Old World, gives the Europeans an added advantage.
|
|
At each rank, the chart showed the growth in income between these two years, an era of "high globalisation" from the fall of the Berlin Wall to the fall of Lehman Brothers.
|
|
As globalisation gathered pace in the 22s and 303s, the port expanded further into the sea, to provide berths for the mega-ships bringing sneakers and flat screens from Asia to Europe.
|
|
The tycoon's habitual offensiveness and displays of flabbergasting ignorance have set a high bar for gaffes; this is a candidate who entered the race calling Mexicans rapists and promising to reverse globalisation.
|
|
Experts say the increased movement of people and goods due to globalisation as well as a rise in floods linked to climate change are likely to speed up the spread of dengue.
|
|
Mr Qiu's massive imaginary map of recent history recalls Renaissance cartography as well as contemporary surveillance with its "No U-Turn Mountain", its "Canyon of Globalisation" and its "Sea with Somali Pirates".
|
|
But the politics of identity are an international phenomenon — confusing and contradictory — heightened by the rush of post cold-war globalisation, the advance of new technology and the changing currents of geopolitics.
|
|
According to social media posts from Attac, a group that campaigns for more democratic globalisation, there was also a sit-down protest outside an Amazon logistics centre near Lyon, in eastern France.
|
|
He discusses how globalisation weakened Western workers' bargaining power, but offers little on the effects that automation and artificial intelligence have had - and will continue to have - on demand for human labour.
|
|
Earlier, thousands of anti-globalisation activists, Basque separatists and "yellow vest" protesters marched peacefully across France's border with Spain to demand action from G7 leaders meeting in the nearby coastal resort of Biarritz.
|
|
THE global economy faces many threats, but security, or geopolitical risk, is perhaps the most profound; it was a world war, after all, that ended the first great era of globalisation in 1914.
|
|
Hong Kong is a "highly complex, semi-permeable membrane" that modulates the impact of globalisation on the mainland, argues George Yeo, the boss of Kerry Logistics and a former trade minister of Singapore.
|
|
Globalisation has borne the brunt thus far, but populist movements are searching for a new scapegoat: the left seeks one that puts profit before morality, the right one that puts liberalism before tradition.
|
|
I am writing on behalf of the many people like myself who voted for Brexit and are fed up with being branded xenophobic, racist, nationalist, populist and against free trade, immigration and globalisation.
|
|
To its admirers, this French-speaking corner of ancient Gaul, with a population of just 3.6m out of the EU's 508m, has taken an Asterix-like stand against the implacable forces of globalisation.
|
|
In a study in 2016, Liesbeth Colen and Johan Swinnen of the University of Leuven examined the effects of income growth and globalisation on beer consumption in 80 countries between 1961 and 2009.
|
|
The evidence so far suggests that the Brexit and Trump campaigns appealed to the same sort of voters: those who feel they have been marginalised, or even victimised, by the march of globalisation.
|
|
Perhaps the most powerful draw of manufacturing for politicians, however, is the notion that it can help those who have been left behind by globalisation and the country's recent service-sector-led growth.
|
|
Among her favourite books are one that describes the rise of 19th-century globalisation (Jürgen Osterhammel's "The Transformation of the World") and one that narrates its collapse in 1914 (Christopher Clark's "The Sleepwalkers").
|
|
Earlier on Monday, Carney - a Canadian national - said in a speech that the openness of the world economy was endangered by frustration among many voters who feel they have lost out from globalisation.
|
|
They also inspired a wave of new research into the effects of globalisation,and enjoined economists and policymakers alike to think more seriously about how workers survive and thrive amid major economic shifts.
|
|
To live with globalisation is to acknowledge that many laws (both those devised by governments and those which bubble up at no one's behest) are international beasts whether we like it or not.
|
|
Commercial disputes have not yet led to actual bloodshed, as occurred in, say, the mid-19th century Opium Wars between Britain and China, but the latest stretch of globalisation is now badly wounded.
|
|
Journalists praise her for wanting to strengthen her ties with Moscow, while portraying Mr Macron as a possibly gay puppet of the "demons of globalisation" eager to set up a "one-world government".
|
|
MUCH of the political action in recent years can be linked to a backlash against globalisation—the Brexit vote or the rise of politicians like Marine Le Pen and Donald Trump, for example.
|
|
A recent post drew parallels with the first great era of globalisation in the late 19th/early 20th centuries which also led to a backlash; anarchist assassinations, industrial unrest and restrictions on immigration.
|
|
With terrorism and the alleged failures of globalisation and multiculturalism dominating many countries' political discussions, more and more people are keen to see the benighted European places where these disasters are supposedly unfolding.
|
|
ZURICH (Reuters) - Anti-globalisation demonstrators took to the streets of the Swiss capital on Saturday to protest against a planned visit by U.S. President Donald Trump to the World Economic Forum this month.
|
|
AR: The big question in the developed Western countries is that globalisation making harm to some people, people in heavy industry and they have lost their jobs and their future is not clear.
|
|
So this globalisation is now seeing trade in products that requires a lifetime of trust, at the same time as countries like China and America find it very difficult to trust one another.
|
|
The clashes and contradictions that arose during the process are not inherent issues with globalisation, but occurred because of a lack of effective co-ordination between countries of these two different development stages.
|
|
Does globalisation mean that the government must bear the burden of social obligations, because if companies do they will find their costs are too high to be able to compete with foreign businesses?
|
|
"The risk to EU trade policy is that member states infect this debate by confusing the content of the agreement with the general malaise and anti-globalisation feelings," Malmstrom told a news conference.
|
|
In the BBC interview, King said British policymakers had done too little to help people whose skills had become uncompetitive because of globalisation, adding that high levels of immigration were partly to blame.
|
|
The 2016 referendum on EU membership has been the most polarizing issue in recent British history, crystallising divisions between cities and towns, young and old, the winners of globalisation and those left behind.
|
|
"The writing is on the wall in terms of large scale layoffs happening right now due to new models of working, the effects of automation and the globalisation of the workforce," she says.
|
|
RICHARD GATHIGI, a Kenyan entrepreneur, has lived in the southern Chinese city of Guangzhou since 20053, oiling the wheels and gears of the low end of globalisation with doses of human trust and acuity.
|
|
In a speech on November 14th Theresa May drew flattering comparisons between Britain's vote to leave the EU and America's election shock (both, she deduced, corroborated her argument that globalisation needs saving from itself).
|
|
She has argued for independence for Kashmir and against building dams, reported from the Maoist jungles of central India, and written anti-globalisation screeds in which economic growth of any sort must be stopped.
|
|
But there are also huge issues that will dominate the coming years: can Britain negotiate a deal with Europe that preserves the advantages of globalisation while protecting people who worry about too much disruption?
|
|
His efforts to boost it were on display at the World Economic Forum in Davos in January, where he won plaudits for extolling globalisation and calling for unity in the fight against climate change.
|
|
Redrawing the electoral map, he might also attract votes from left-leaning parties hostile to globalisation and happy with hefty doses of state intervention: a Pensioner's Union, perhaps, and an Agrarian and Industrial League.
|
|
And readers of aggregation sites fix on those articles as proofs of their basic prejudices—that the revolt against globalisation is destroying a once-great country or that Muslim gangs are tearing Britain apart.
|
|
Yet Breitbart has a clear operational model: moving into markets where it can win an audience by appealing to anti-globalisation and anti-immigrant sentiment and by aligning itself with an existing opposition party.
|
|
IN THE aftermath of the G20 summit on July 20153th and 8th, German politicians traded blows over who was at fault for riots by anti-globalisation activists that smashed up parts of central Hamburg.
|
|
OECD chief Angel Gurria said some governments were blaming globalisation, and by extension the broader multilateral trading system, rather than fixing bad policies that have failed to address voters' concerns about jobs going overseas.
|
|
For Mr Bannon, who went from a working-class Virginian family to careers in Wall Street and Hollywood, those agreements epitomised the folly of globalisation, which he considers disastrous for American workers and avoidable.
|
|
One consistent trend has been higher support for globalisation and free trade in developing countries, which stand to gain jobs in labour-intensive industries, than in developed ones, where such jobs might be lost.
|
|
Mr O'Sullivan: One problematic factor here is that there is no central body or authority to shape globalisation, beyond perhaps the World Economic Forum or maybe the Organisation for Economic Co-operation and Development.
|
|
During an explosive televised debate that exposed the FN candidate's weakness, Ms Le Pen accused Mr Macron of being the candidate of "savage globalisation"; he retorted that she was the "high priestess of fear".
|
|
Does protecting the nation stage mean more market discipline, as Mr Meuthen's free-trade overtures and Mr Salvini's tax-slashing promises demanded, or less, as Ms Le Pen's anti-globalisation arguments seemed to suggest?
|
|
Exam passers combine a common ability to manage the downside of globalisation with a common outlook—narcissistic cosmopolitanism—that they pick up at university and that binds them to other members of their tribe.
|
|
Speaking at a business event with Chinese Premier Li Keqiang, Merkel said China and Germany saw the opportunities that globalisation and digitalisation presented and wanted to work together to bring about "global progress together".
|
|
THE rise of big emerging economies like China and India, and the steady march of globalisation, have led to a surge in the numbers of people wanting to travel abroad for business or tourism.
|
|
He was booted out of his job the following year, but pursued his vision (a socially conservative, globalisation-sceptic sort of Toryism) afterwards and in 2010 became work and pensions secretary under David Cameron.
|
|
Artisanal communities like Tikvah's, whether in my native Britain, southern Europe, mid-west America or Middle East—heck, anywhere in the world—have been under threat from the creeping hands of urbanisation and globalisation.
|
|
But now the same material has become the basis for an even more radical experiment that has the potential to both upend the sports and leisurewear industry and accelerate an important trend in globalisation.
|
|
Mr Macron calculates that this creates a new political space for progressives who believe in an open and mobile society, including, he says, "those who haven't benefited from globalisation but are ready for change".
|
|
But, aware of a popular mood souring against globalisation and a government keen to occupy the political centre-ground abandoned by Labour, many Tories will be on the lookout for signs of mission creep.
|
|
Raghuram Rajan, the head of India's central bank, has argued that clumsy government efforts to compensate workers hurt by globalisation contributed to the global financial crisis, by facilitating excessive household borrowing, among other things.
|
|
A poster boy for globalisation, Macron has been fairly honest about its effects – last week telling workers in his hometown of Amiens that he could not save their plant, which is marked for closure.
|
|
Zinc's latest cohort is being asked to focus on people living in places that have been hit hardest by automation and globalisation over the last 20 or 30 years as traditional industries have declined.
|
|
What is currently happening is a challenge for globalisation on a scale not previously seen – as well as an experience being simultaneously shared across the planet in ways that are at least equally unusual.
|
|
Fewer observers predicted that America might tire of its role in the system, or that damage done to American communities by deindustrialisation might make politicians across the spectrum sceptical of the gains from globalisation.
|
|
Le Pen, speaking in Lyon on Sunday, told thousands of flag-waving supporters chanting "This is our country!" that she alone would protect them against Islamic fundamentalism and globalisation if elected president in May.
|
|
LONDON, Feb 8 (Reuters) - Global banking rules should focus only on cross-border banks to avoid burdening local lenders and help reduce populist backlash against globalisation, Bundesbank board member Andreas Dombret said on Thursday.
|
|
BRUSSELS, April 26 (Reuters) - The European Commission proposed on Wednesday to strengthen social protection across the bloc as the European Union struggles with a wave of populism triggered by globalisation and a migration crisis.
|
|
Four justices have published books in recent years—Clarence Thomas, Sonia Sotomayor and Ruth Bader Ginsburg have penned memoirs, while Stephen Breyer has written on his jurisprudential style and how globalisation affects the Supreme Court.
|
|
As pointed out in this blog before, there are some parallels with the pre-1914 era; globalisation seems to provoke a reaction because of the changes it thrusts on to the social and economic order.
|
|
But he did recognise one big thing: that the prophets of globalisation and European integration erred badly if they thought that national loyalties would either melt away or become so anodyne that they didn't matter.
|
|
A DEFINING image of the new wave of globalisation—and the attempts to hold it back—is a newly arrived migrant on a European beach, clutching a mobile phone and hoping for a new life.
|
|
Mr Macron's true vulnerability does not come from the number of people who voted for him but from the fact that within a context of political polarisation (around immigration and globalisation) his majority is heterogeneous.
|
|
They include hostility to immigration, dislike of Brussels bureaucrats, worries about sovereignty, an anti-elite mood, the discontent of those left behind by globalisation, a long history of Euroscepticism and a stridently anti-EU press.
|
|
Thousands of anti-globalisation activists, Basque separatists and "yellow vest" protesters walked from the French town of Hendaye to Irun in Spain, waving banners calling for climate action, gay rights and a fairer economic model.
|
|
"Against the backdrop of globalisation, it's impossible for each country to talk about its own development discarding the world economic environment," Chinese Premier Li Keqiang told the World Economic Forum in the city of Tianjin.
|
|
Forty years later, Mr Zingales is making himself unpopular again, going against the grain by inviting Steve Bannon, the president's former chief strategist, to a debate at the University of Chicago on globalisation and immigration.
|
|
I may be too much a child of the 1990s—an "End of History" kid, trained by that experience even as I no longer regard those intuitions about markets and globalisation and neoliberalism as wise.
|
|
Mr Macron believes that the rise of populism and public angst about globalisation demands an EU that, rather than merely welcoming the bracing winds of change, does more to shelter established interest groups from them.
|
|
Second, the side effects, or rather the perceived side-effects, of globalisation are more apparent: wealth inequality, the dominance of multinationals and the dispersion of global supply chains, which have all become hot political issues.
|
|
One can think of more; Labour's anti-American foreign policy and general hostility towards globalisation might also drive away investors, particularly American ones, who have seen Britain (and London, in particular) as a welcoming place.
|
|
Ruskin worried that what we now call globalisation was creating a rootless society, prosperous but anomie-ridden, composed of interchangeable human atoms, "circulating here by tunnels under ground, and there by tubes in the air".
|
|
The region also has most of Germany's best universities, its main stock exchange (Frankfurt) and its two biggest airports (Frankfurt and Munich), all ever-bigger assets in an age of digitisation, globalisation and financial services.
|
|
However, the British PM Theresa May has said that "if you believe you're a citizen of the world, you're a citizen of nowhere" and many people believe that globalisation threatens their values, identities and culture.
|
|
Instead, he seems more enthusiastic about what he considers the "globalisation of ingredients"—one big fusion of the world, where combining a heritage item from Mexico (insects) with one from the UK (cheddar) isn't unusual.
|
|
His argument is that politicians cannot just fight fear (of immigration or globalisation) with fear (of an FN victory): they need to make a positive case for progress, and equal opportunity, in an open society.
|
|
This partially reversed the rise between 1991 and 2008 from 14 percent to 25 percent, and fuelled talk that globalisation had peaked, especially given the rise of economic nationalism and protectionism in many countries recently.
|
|
Data-powered globalisation is now an organic force that cannot be stopped—and can lead to sudden eruptions, as in the Arab Spring, or what we are seeing now in Hong Kong and in Russia.
|
|
Carney, making a speech at the International Monetary Fund's headquarters in Washington, said the process of globalisation that has led to deeper integration in the world economy in recent decades had pushed down price growth.
|
|
With eurosceptic and nationalist politicians in several EU countries riding a wave of public discontent perpetuated by sluggish economies, anxiety over globalisation and immigration to Europe, the bloc is seeking to step up democratic defences.
|
|
"Alstom continued to leverage the growing globalisation of the mobility market and is now in excellent position to join forces with Siemens Mobility," said Alstom Chairman and Chief Executive Henri Poupart-Lafarge in a statement.
|
|
Yet the town's gritty industrial vulnerability also makes it an awkward home turf for the candidate whom Marine Le Pen, his nationalist opponent, pillories as the champion of "savage globalisation", "arrogant finance" and the rootless elite.
|
|
The developments certainly don't bode well for Indian institutions, added James Crabtree, an associate professor in practice at the National University of Singapore as well as a senior fellow at the Centre on Asia and Globalisation.
|
|
The EU's active and committed trade policy is the right way to shape globalisation and strengthen the high standards of the EU in the areas of employment, environment and consumer protection around the world, Zypries added.
|
|
Thousands of anti-globalisation and environmental activists joined yellow vest protesters and Basque separatists on Saturday near the French coastal resort of Biarritz to demand action from G7 and other world leaders set to meet there.
|
|
By the end of the campaign Mrs Warren and Mr Zuckerberg had fallen out over everything from globalisation and trade with China to their respective views on race-based affirmative action and visas for skilled migrants.
|
|
By this, he means fashioning rules that encourage sustainable growth and innovation while protecting the losers from technological change and globalisation in order to minimise the risk of a populist backlash and preserve the liberal order.
|
|
Mr Yanai, an ardent fan of globalisation unlike many Japanese executives (the firm's working language is English and many employees, even in Japan, are foreign), is confident that he can guide UNIQLO through the changes needed.
|
|
In domestic policy, at least, the makeover of conservatism he promised, with his disdain for orthodoxy, flexible view of government and professed concern for the losers of globalisation who flocked to his rallies, has not happened.
|
|
HANGZHOU, China (Reuters) - Leaders from the world's top economies broadly agreed at a summit in China on Monday to coordinate macroeconomic policies, but few concrete proposals emerged to meet growing challenges to globalisation and free trade.
|
|