Paul Scheffer on the risks of deglobalization
According to economist Peter A.G. van Bergeijk, there are three risks attributed to
deglobalization. These attributes are a reduction of the level of international integration of
economies into long-run growth, a loss of interaction/co-movement of economies and a
reduction of trade policies which would legitimize protectionism and ultimately lead to a risk of
international conflict
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deglobalization. These attributes are a reduction of the level of international integration of
economies into long-run growth, a loss of interaction/co-movement of economies and a
reduction of trade policies which would legitimize protectionism and ultimately lead to a risk of
international conflict
Read more here
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