EP158 - De-Globalization - a podcast by Pillow Fight League

from 2022-09-10T07:00

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Since the 1990s, when China entered the World Trade Organization, there has been a euphoric move towards outsourcing to cheaper countries for manufacture and labor services. Although this brings down pricing, and helps curb inflation rise, it means the emerging market countries benefit while the client countries reduce expenses, but adjust their labor force accordingly. In this episode I want to explore the current and future trends of de-globalization, when countries retreat to their own borders and what both causes this, and what impact it has for all of us going forward.

Further episodes of The Unconstrained Podcast

Further podcasts by Pillow Fight League

Website of Pillow Fight League