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The World in 2030

The World in 2030

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28 <strong>The</strong> <strong>World</strong> <strong>in</strong> <strong>2030</strong><br />

promote peace’. Both extreme forms of globalisation are be<strong>in</strong>g<br />

pursued <strong>in</strong> 2007, along with many more moderate examples<br />

and the massive trend towards the <strong>in</strong>ternationalisation of<br />

trade will be a major driver of the changes we will experience<br />

between now and <strong>2030</strong>.<br />

Globalisation 42 <strong>in</strong> essence means unfettered <strong>in</strong>ternational<br />

trade, although the world still has a long way to go before<br />

all barriers to trade are removed. In pr<strong>in</strong>cipal, trade – and<br />

especially <strong>in</strong>ternational trade – is a good th<strong>in</strong>g <strong>in</strong> which<br />

all parties to the deal <strong>in</strong>crease their wealth. Increas<strong>in</strong>g<br />

global wealth is a noble aim and little is more successful <strong>in</strong><br />

guarantee<strong>in</strong>g peace than improv<strong>in</strong>g prosperity. <strong>The</strong> f<strong>in</strong>ancial<br />

benefits of globalisation are expla<strong>in</strong>ed <strong>in</strong> an economic theory<br />

called ‘comparative advantage’. 43<br />

European nations pioneered a colonial form of<br />

globalisation <strong>in</strong> the 18 th and 19 th centuries as they expanded<br />

their empires and traded goods all around the world, but<br />

s<strong>in</strong>ce then free trade has suffered many setbacks from<br />

outbreaks of nationalism, protectionism, world wars (and<br />

a complete retreat from globalisation between the world<br />

wars) and over fifty years of global ideological polarisation<br />

between capitalism and communism.<br />

Follow<strong>in</strong>g the collapse of the Soviet Union and the end<br />

of the Cold War the stage was ready once aga<strong>in</strong> for trade<br />

on a truly global scale to resume. This time, however, longdistance<br />

trade was facilitated by the arrival of the <strong>in</strong>ternet,<br />

low-cost communications technology and (acknowledg<strong>in</strong>g<br />

the legitimate concerns over aviation’s impact on climate<br />

change) low-cost air travel.

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