Regionalization and the Rise of Emerging Markets
Enterra Insights
OCTOBER 29, 2024
One of the positive effects of hyper-globalization was the rise of a global middle class. Millions of people were raised out of poverty as they found a place within the global economy. During hyper-globalization, there were winners and losers; and, the losers finally began fighting back. As a result, many economists insist the era of hyper-globalization has ended.
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