Why We Need Globalization
Free trade, migration, and foreign direct investment promise far-reaching potential gains for all parties involved. Will we really allow ignorance and political opportunism to prevent us from realizing them?
Free trade, migration, and foreign direct investment promise far-reaching potential gains for all parties involved. Will we really allow ignorance and political opportunism to prevent us from realizing them?
TOKYO – From the Brexit vote to Donald Trump’s election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalization. But globalization does not deserve voters’ ire.