Global trade is undergoing a major shift as the US moves away from liberalisation and multilateralism toward nationalism, protectionism, and bilateralism. This reversal challenges decades of WTO-driven global integration and poses economic risks for developing countries like India. BulletsIn • Washington Consensus enabled LPG: liberalisation, privatisation, globalisation • US shift to NPB: nationalism, protectionism, bilateralism
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All posts tagged in "Rise of Nationalism"
Global trade is undergoing a major shift as the US moves away from liberalisation and multilateralism toward nationalism, protectionism, and bilateralism. This reversal challenges decades of WTO-driven global integration and poses economic risks for developing countries like India. BulletsIn • Washington Consensus enabled LPG: liberalisation, privatisation, globalisation • US shift to NPB: nationalism, protectionism, bilateralism
