GLOBALIZATION

Shifting paradigms in global trade

By Sebastian Dullien, HTW Berlin – University of Applied Science

BY

FORUM NEW ECONOMY

PUBLISHED

1. NOVEMBER 2019

READING TIME

1 MIN

Dullien explains that it is not just the public that is sceptical of the merits of trade liberalization; economists have started to acknowledge that the expansion of international trade might have had some negative side effects.

 

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ABOUT GLOBALIZATION

KNOWLEDGE BASE

After three decades of poorly managed integration, globalization is threatened by social discontent and the rise of populist forces. A new paradigm will need better ways not only to compensate the groups that have lost, but to distribute the gains more broadly from the start.

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