Joseph S. Nye, Jr., for European Voice
Protectionism would not curb the bad kinds of globalisation.
The world economy will shrink this year for the first time since 1945, and some economists worry that the current crisis could spell the beginning of the end of globalisation. Hard economic times are correlated with protectionism, as each country blames others and protects its domestic jobs.
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Which globalisation will survive? (3)