Exile Economics: What Happens if Globalisation Fails
Nations are turning away from each other via sanctions, trade wars and real wars. With every shock, governments double down on self-sufficient economics and the global supply chain weakens. ‘Securonomics’ sounds resilient, but it’s terrible news for individual prosperity, shared equality, national security and international cooperation.
A striving for national self-sufficiency is shaping up to be one of the greatest forces of twenty-first-century geopolitics and economics—yet it is a desire that is only hazily understood, both in its nature and its consequences. In Exile Economics, Ben Chu lays out the dangers of the current obsession with isolationism. Ben is the Policy and Analysis Correspondent at BBC Verify and was previously the Economics Editor of BBC Newsnight and Economics Editor at The Independent.