The point is that building walls and limiting technological change will not solve the problems that our economies are facing; moreover, even when smart policies are chosen to balance the negative repercussions without undermining trade and technology (too much), this will not solve all the problems – globalisation is only partially responsible for the negative outcomes that some are witnessing.
So what then can we do? That’s for politicians and their sovereigns to decide. But, based on the facts that I have discussed, there are a few lessons to be learned. With respect to the degree of international cooperation, I suggest two things: First, resorting to protectionism will help no one. It will hurt all citizens.