Turning their backs on the world
[The Economist print edition, February 2009] The integration of the world economy is in retreat on almost every front. The economic meltdown has popularised a new term: deglobalisation. Some critics of capitalism seem happy about it—like Walden Bello, a Philippine economist, who can perhaps claim to have coined the word with his book, “Deglobalisation, Ideas for a New World Economy”. Britain’s prime minister, Gordon Brown, is among … Continue reading Turning their backs on the world
