globalization

New Walls IV: The Developing World and the Rise of Protectionism

The rising use of restrictive trade measures around the world and political incidents like the trade disputes between China and the US show that the world order, which has been predominantly liberal over the last decades, is currently shifting towards protectionism. In this post, we discuss the role of restrictive trade policies and the possible […]

Seoul, South Korea's capital city © Clint Sharp via Flick (CC BY-NC-SA 2.0)

Success beyond Gangnam Style

With a strong state, powerful industries and high innovation spending South Korea provides a model for managing globalization. Yet Korea also shows some of the dangers of national oligarchy and over-centralization. South Korea today faces economic and political headwinds as strong as any country in Asia, with faltering domestic consumption and struggling exports in the face of slowing […]