Donald Trump and Brexit won't kill globalisation - we're too far in

The economic logic of openness will supersede any cultural or political nationalism

In Donald Trump’s long-awaited address to Congress, he said a “new national pride” was “sweeping across” the nation. He went on:

What we are witnessing today is the renewal of the American spirit.

With Trump’s electoral victory, as well as the Brexit vote, many of the assumptions underlying the future of globalisation have been put into question.

This, together with the rise of Pauline Hanson’s One Nation in Australia and other populist parties in Europe, indicates large components of the voting population want trade relations severed, borders enforced,