Are we heading towards deglobalisation?

  • Business Premium
  • Saturday, 14 Mar 2009

As the global economic crisis accelerates, some countries will seek greener pastures in their own backyards

For the past two decades, globalisation has been touted as an ideal concept that would bring about prosperity for the whole world. The idea is that countries can trade goods and services without many barriers in the international markets, and enjoy the free flow of cross-border capital investments.

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