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Is hyper-globalization at a turning point?

17 0 0
16.07.2019

A look back at history shows that the global economic systems of the past all underwent across-the-board transformations every 30 years or so.

In the 1930s and 1940s, the world experienced the spread of the Great Depression and protectionism and World War II. In the early 1970s, the so-called Bretton Woods system that provided the postwar international monetary and financial order came to an end in the wake of the collapse of the fixed foreign exchange regime. In 1995, the World Trade Organization was launched as the core of a........

© The Japan News