Fear is growing that globalization has spun out of control, with too many decisions at the local level left by the wayside. Contending with home-front discontent, leaders of the world’s major economies gathered for the G20 summit, encountering many reminders that nations are part of a global community and struggle is sure for any that try to withdraw and resolve big challenges on their own. Even bilateral parrying at the G20 – whether Japan’s stern warning on Brexit threatening investments that employ more 140,000 in the United Kingdom or US attempts to work with Russia to ease fighting in Syria – reveals the vigilance among nations to protect their own interests. Chris Miller, associate director of Yale University’s Grand Strategy Program, describes the concerns over elite management of globalization. Loud, unrelenting complaints about globalization overlook the many efficiencies and other benefits. Miller concludes that nations may pull back, trying to wrest control, but they narrow their options, and “That is true of nearly all of the conflicts about globalization today.” – YaleGlobal
http://yaleglobal.yale.edu/content/meant-promote-cooperation-g20-meeting-shows-discord?utm_source=YaleGlobal+Newsletter&utm_campaign=08b8c0797a-Newsletter9_14_2010&utm_medium=email&utm_term=0_2c91bd5e92-08b8c0797a-207760089
