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Recent events have highlighted areas of conflict between economic integration with the outside world and the demands of domestic electorates. Historically, the tradeoffs have always become sharper in periods of crisis, such as the present. After reviewing the U‐shaped progress of globalization since the nineteenth century, this essay reconsiders John Maynard Keynes's views on “national self‐sufficiency”...
In this essay, I argue that the contemporary world scene is characterized by a growing sense of conflict, disorganization, and fragmentation of previous unities and alliances. I also argue that any serious attempt to address these issues would have to focus on the following broad areas of concern: (1) the challenge of global political instability; (2) the challenge of promoting a more positive approach...
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