Is the newest and most serious episode a step on the road to a profound backlash against globalization and integration? In 1997-98, the United States government and international financial institutions held up the American system as a model for emulation. In most countries, old political divisions between right and left no longer made sense in the light of globalization. They felt their voters had become convinced of the hopelessness of conventional politics, which seemed to offer no real choice. But as they rebel against the real or perceived indignities of globalization, they largely agree on one point.

Source: Ethiopian News December 27, 2021 08:29 UTC