Does globalization bring the world closer or farther apart?
Does globalization bring the world closer or farther apart?
Jun 6, 2021
In a wide-ranging interview with The Jerusalem Post, Prof. Trajtenberg, an economist and former member of the Knesset, renowned for his expertise in the economics of technological innovation, development and growth, explained that the current wave of globalization began after the fall of the Soviet Union in the late 1980s and early 1990s, along with the expansion of the World Trade Organization. Many trade barriers, such as tariffs and regulations that limited the free flow of goods, were removed.