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Education & Reference - Trump, Trade, and the End of Globalization

Description

Book Synopsis: Provides a roadmap for mature industrialized countries to contribute to and benefit from global trade on new terms. Global trade is heading toward chaos. Globalization has in part been a zero-sum game over the last 20 years, as China's middle and upper classes have grown sharply while Western economies have stagnated. Wealthy countries, most notably the United States and the United Kingdom, are now on the brink of abandoning free trade as it includes both the principles and the theories behind it because their economies cannot compete with those of China and some developing countries. Prevailing protectionist attitudes and policies are based on short-term thinking and will disappoint future generations. According to author David S. Jacoby, a "new multilateralism" can provide a way out of this impending disaster by preserving innovation and growth while also curbing the impact of countries that manipulate currency, disparage the environment, and violate human rights. Jacoby clearly explains how industrialized nations can compete on a basis of differentiated technology and innovation while letting developing countries compete on a basis of manufacturing, components, and materials and makes a strong case for why the West should recommit to global trade.

Details

Are you concerned about the current state of global trade and the impact it's having on mature industrialized countries? Look no further than "Trump, Trade, and the End of Globalization" by David S. Jacoby. This groundbreaking book provides a roadmap for countries like the United States and the United Kingdom to not only contribute to global trade but also benefit from it on new terms.

In recent years, we've seen how globalization has become a zero-sum game, with China's economy flourishing while Western economies struggle to compete. But it doesn't have to be this way. Jacoby argues that a "new multilateralism" can pave the way to a brighter future where innovation and growth are preserved, and the unfair practices of certain countries are curbed.

By recommitting to global trade, mature industrialized nations can leverage their differentiated technology and innovation while allowing developing countries to compete in areas such as manufacturing, components, and materials. This balanced approach can level the playing field and create a win-win situation for all involved.

If you're tired of prevailing protectionist attitudes and policies based on short-term thinking, "Trump, Trade, and the End of Globalization" is the book you need to read. Gain a deeper understanding of how global trade can be reimagined for the benefit of future generations. It's time to take action and shape a better future for international commerce.

Ready to explore the insights and ideas presented in "Trump, Trade, and the End of Globalization"? Click here to grab your copy now and be a part of the movement towards a fairer and more sustainable global trade system.

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