Is 2017 the year of anti-globalization?

  • March 25th, 2017

Events in 2016 suggested the anti-globalization forces were gathering steam.  Brexit, the election of Donald Trump, and falling trade figures all seemed to show that the fairly continuous pressures towards deeper integration had hit a wall.  Supply chains could be facing a rocky existence as firms unwound traditionally exposed and risky positions.  But by mid 2017, many of the worst predictions may not be panning out in Asia.  While parts of Europe and the United States remain inward-focused, Asia continues to pursue ever-deeper trade and economic integration.  The trade patterns seem to have shifted, however, and more trade is increasingly intra-Asian with new trade policies designed to drive the process further in the near term.

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