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The global infrastructure magazine Issue No.9 2017

The global infrastructure magazine Issue No.9 2017

The yin and yang of globalization

As a new world order takes shape, the debate over the merits of globalization are raging. Let's hope sensible heads prevail.

The debate over globalization is not new. Yet until recently, the battle lines were fairly clearly drawn. On the pro-globalization side stood the 'establishment' - governments, businesses and institutions that understood the macro benefits that globalization could unlock. On the anti-globalization could unlock. On the anti-globalization side stood a mish-mash of anti-establishment groups - Occupy Wall Street protesters, authoritarian states, environmental activists and the like.

Today, everything has changed. Anti-establishment rhetoric has proven to be a winning political platform and globalization has become the sacrificial lamb. The election of Donald Trump, the vote for Britain to leave the European Union (EU), the rise of populist parties in Europe all point to a decidedly anti-establishment and anti-globalization fervor.

 

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Insight: The global infrastructure magazine Issue No.9 2017

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