Risk of deglobalisation
From Deep Globalisation to the Risk of Deglobalisation: the Rise of Local-Contentism
By Marcos Troyjo
As the world transitions from ‘Deep Globalisation to Deglobalisation’, economic policies based on a ‘Doctrine of Local Content’ take center stage. As a consequence, the global economy underperforms. Below, Marcos Troyjo argues that Reglobalisation can only resurface if countries move away from ‘Local-Contentism’ and closer to a productive interdependence turning out ‘Made in the World’ goods.
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