The present crisis is the first big crisis of the globalization age. Indeed, some people blame it on globalization. They advocate "de-globalization" as the way out of the crisis.
Plausible as it sounds, it is dead wrong. The way out of this crisis is not "de-globalization". Protectionism and economic nationalism are false friends which fuel poverty and conflict: we saw that in the 1930s. The way out of this crisis is "re-shaping globalization".
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