Globalization is flat-lining, but the alternative isn’t necessarily Balkanisation.
Removing the ambiguity of Global Prosperity will help nations determine their value and opportunities in the World market.
The World has a lot to look forward to.
No more infrastructure spending boondoggles unless an equal or greater amount in REAL spending is squashed.
So many in Japan have, and have had, their heads in the sand, for more than 20 years. Japan has been “fighting” deflation and low, or negative GDP growth for almost 20 years, with multiple large “infrastructure” “investments”. Hasn’t worked. It has become one of the new financial opiums in Japan. Local districts are rewarded with the projects, and when nothing has been working, again, more “infrastructure” is demanded and returned.