Since the 2008 global financial crisis, the US and other Western powerhouses have performed a U-turn in investing in globalisation, returning to the perceived comfort of protectionism, which involves imposing tariffs on imports to prioritise domestic industries. This has had a significant effect on developing and emerging countries, suppressing their economic growth by decreasing investment in the name of caution and reduced risk. Dr Bertrand Guillotin has recently challenged the conventional wisdom behind this approach in an effort to demonstrate that investment in these developing markets is not only advisable, but necessary for the growth and resilience of the global economy.
