How Donald Trump Can Fight Globalization
Globalization infiltrates every part of business and life, and most citizens may not even notice some of the trends in which they participate. US President Barack Obama noted while in Germany while adding that governments could do more to explain the complexities and ease hardships. “Make America Great Again” and “America First” of the Trump campaign were easy slogans that appealed to voters, especially the working class and others worried about jobs. Research suggests that “actual trends in globalization are much different than the political rhetoric from the 2016 election would suggest,” explains Chris Matthews for Fortune. Growth in cross-border trade has already slowed, and trade agreements can create more jobs than they eliminate. “And there is clear evidence that these other measures of globalization, including immigration to America, the flow of information into the country from globalist forces outside the U.S., and the flow of capital in the form of foreigners buying U.S. assets continues to grow healthily.” Analysts anticipate the Trump campaign to focus on immigration policies, but limits could impose costs in unexpected ways. – YaleGlobal
How Donald Trump Can Fight Globalization
Globalization involves many complex trends; cross-border trade already slowed in recent years and, combined with technology, contributes to slow job growth
Friday, November 18, 2016
http://fortune.com/2016/11/17/trump-globalization/
© 2016 Time Inc. All rights reserved