Trump and the end of globalisation

After the upheaval of the American presidential election Jan Luiten van Zanden provides his interpretation of events. Towards the end of the 19th century globalisation led to increasing tensions between countries which culminated in a backlash against international collaboration. If we are not careful history may well repeat itself. The current losers of the economic system and populist politicians bolster each other and lead to undemocratic tendencies. The Trump era could well herald the end of the long phase of globalisation that has characterised the past 60 years. See here for the full article in Dutch.