Poor Leadership Makes Bad Globalization
Popular backlash against disruptive change is inevitable, and occasionally serves as a useful counterweight to heedless leadership. What is new today is the extent of the backlash in Europe and North America, which many pundits and policymakers believed were better equipped than ever to manage change.
MEXICO CITY – Since the 1950s, European countries have debated the costs and benefits of regional integration. But not until the United Kingdom’s “Brexit” referendum did the debate revolve around such central issues as globalization, free trade, immigration, and their economic effects.