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Globalization in Retreat

By Robert Samuelson - December 31, 2012

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WASHINGTON -- One fateful question for 2013 is this: What happens to globalization? For decades, growing volumes of cross-border trade and money flows have fueled strong economic growth. But something remarkable is happening; trade and international money flows are slowing and, in some cases, declining. David Smick, the perceptive editor of The International Economy magazine, calls the retreat...

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Robert Samuelson

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