This chapter explores the introduction of subsidies and protectionist measures in different regions, examining their collective effect and the concept of a zero-sum game in the global economy.
Countries across the world are turning inward, embracing protectionism, subsidies and export controls. This threatens the global order that has lifted hundreds of millions out of poverty, and risks economic conflict. Ethiopia’s newfound peace looks fragile and uncertain. And Mexico’s ballads that critics claim glorify criminality, but fans argue celebrate loyalty, ingenuity and hard work.
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