There has been a rising wave of opposition to globalisation across the globe. From widespread trade protectionism to slow trade growth and tightened immigration policies, it would seem that the world is facing a backlash against globalisation.
However, data and theoretical deduction tell a different story: economic globalisation is still the norm. In fact, the engine of globalisation has shifted from developed to emerging economies. Therefore, the latter should continue to open up their markets and seize the opportunities the next round of globalisation will bring.
Global trade, investment
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