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Every Nation for Itself: Winners and Losers in a G-Zero World is a 2012 non-fiction book by Ian Bremmer that explains the growing "G-Zero" power vacuum in international politics as no country or group of countries has the political and economic leverage to drive an international agenda or provide global public goods.
In the process of implementing globalization in developing countries, the selection of winners and losers is often predetermined. Multinational corporations often benefit from globalization, while poor indigenous locals are negatively affected and often exploited.
The literature analyzing the economics of free trade is extremely rich with extensive work having been done on the theoretical and empirical effects. Though it creates winners and losers, the broad consensus among economists is that free trade is a large and unambiguous net gain for society.
Trump’s tariffs from his first term increased consumer prices in the furniture and kitchen cabinet sector by 7.1 percent, the corner of the economy that saw the biggest surge in prices ...
This is a prominent example of the rise in nationalism and anti-globalization, as Brexit, a result of lengthy campaigns by UKIP and the Eurosceptic faction of the Conservatives for a national referendum, is regarded by many opponents as a manifestation of economic (and social) nationalism, and right-wing populism more broadly. [30]
A 2023 review of existing economic research concluded that US-China trade since the early 2000s caused aggregate welfare gains in both countries; had winners and losers in the US; and was not a leading cause of manufacturing employment decline in the US. [12] Experts have argued that the China trade shock has ended.
Globalization interwove economies of very different nations, now coming apart as autocracies ally with the Kremlin and democracies stand with Ukraine. Op-Ed: As the world questions globalization ...
Also among the losers are employees who do not see wage increases to match inflation. So, unless you’re getting a 5.4% raise to measure up to that 5.4% inflation curve, you’re losing money.