The End of Globalisation as We Knew It in CXO Today.com by Prof Meera and Prof Srinivasa Reddy, TAPMI.
The article explores the ideological and economic shift in the U.S. away from globalization towards a protectionist, nation-first industrial strategy, exemplified by former President Trump’s sweeping tariffs announced on April 2, 2025. It highlights how decades of global trade liberalization rooted in the neoliberal policies of the 1980s are being challenged due to rising concerns over domestic job losses, supply chain vulnerabilities, and social well-being. The article argues that both Republican and Democratic administrations have increasingly embraced protectionist measures, reflecting voter anxieties around job security and identity. It also reflects on the broader implications for countries like India, which now must navigate this changing global order by boosting domestic manufacturing while remaining export-competitive. The piece ultimately questions whether economic systems should prioritize cheap consumer goods or long-term employment and family stability.
Link: The End of Globalisation as We Knew It
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