Growing Anti-globalization
In recent years, anti-globalization tendencies have surfaced with the recent developments in the US during and after the elections and the Brexit referendum with people viewing trade, immigration, and multilateral engagements with some amount of skepticism and becoming wary of the benefits of globalization.
In addition to this, studies suggest that despite the reduction in global inequality since 1990s, inequality within countries has increased, especially among the advanced economies.
Similarly, the IMF’s World Economic Outlook (April 2017) states that a number of middle-skill jobs in advanced economies have been lost as a result of technological change since the early ....