Is (De)globalization Ahead?
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Globalization and Capital Flows
The biggest driver of how much a country does in trade is usually the pace of its domestic demand. If countries focus less on accumulating reserves and more on domestic spending, would that be an angle of de globalization? I find it hard to understand why it wud be consistent with weaker global trade. Migt might actually result in an acceleration in global trade. What about capital flows? How dos that set in here?
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