Governments grapple with globalisation backlash
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By Antonio RODRIGUEZ (AFP) 7 hours ago in World
Governments stung by the political backlash from disgruntled voters left worse off by three decades of globalisation are now scrambling for solutions, but there is no easy fix and the populist remedies on offer risk making things even worse, analysts say.
Globalisation has been a boon for many, but western elites should have addressed its inequalities much earlier instead of sweeping them under the rug.
"Rich countries have too often forgotten those who lost out, the workers threatened by imports from low-cost countries," Radu Vranceanu, a professor at the French Essec business school, told AFP.
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