Globalization's Perverse Convergence
April 14, 2021 last updated 16:59 ET Chinese President Xi Jinping at the World Economic Forum in Davos, Switzerland, Jan. 17, 2017 (AP photo by Michel Euler). Globalization’s Perverse Convergence In retrospect, the early 2000s can be considered, if not the high-water mark, then the golden age of contemporary globalization. Liberalized trade had achieved a quasi-theological status, with the catalogue of its benefits—both real and anticipated—extending far beyond its strictly economic impact. Trade, it was argued, would allow countries in the developing worl...
Source: worldpoliticsreview.com