Questions and Answers on Bob Davis’ Rise of Nationalism Frays Global Ties: Trade, Environment, Face New Threats; Balkanized Internet
Q1: Why is economic nationalism on the upswing? Why do rising food and energy forces force national governments to take action? What kinds of action are they taking?
A1: Economic nationalism has grown due to the global financial crisis that largely affected the US and European countries. The decline of financial markets is due to the lack of state regulations, hence prompting countries to impose regulations on immigration, foreign investment and other globalized market activities. National governments prevented the rise of food and energy commodity prices by instituting and enforcing stricter regulations. Countries have established