India can be in for a much rockier 2017-18 than market anticipates

Gobalisation may now be giving way to new trends of isolationism and protectionism

Devangshu Datta  |  Mumbai 

Devangshu Datta A week is proverbially a long time in politics but political trends can last for decades. For example, globalisation started in the 1980s. But, globalisation may now be giving way to new trends of isolationism and protectionism, allied to racism in many cases.   Donald Trump rode to power on this new wave and Britain is struggling after the vote for Brexit. However, voters in Holland, Austria and now France have opted to stay with a centrist, pro-globalisation position.   Nevertheless, though the centrist Emmanuel Macron beat back the challenge of Marine Le Pen in the French ...

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India can be in for a much rockier 2017-18 than market anticipates

Gobalisation may now be giving way to new trends of isolationism and protectionism

Gobalisation may now be giving way to new trends of isolationism and protectionism A week is proverbially a long time in politics but political trends can last for decades. For example, globalisation started in the 1980s. But, globalisation may now be giving way to new trends of isolationism and protectionism, allied to racism in many cases.   Donald Trump rode to power on this new wave and Britain is struggling after the vote for Brexit. However, voters in Holland, Austria and now France have opted to stay with a centrist, pro-globalisation position.   Nevertheless, though the centrist Emmanuel Macron beat back the challenge of Marine Le Pen in the French ... image
Business Standard
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