The publics of the world broadly embrace key tenets of economic globalization but fear the disruptions and downsides of participating in the global economy. In rich countries as well as poor ones, most people endorse free trade, multinational corporations and free markets.
However, the latest Pew Global Attitudes survey of more than 45,000 people finds they are concerned about inequality, threats to their culture, threats to the environment and threats posed by immigration. Together, these results reveal an evolving world view on globalization that is nuanced, ambivalent, and sometimes inherently contradictory.
There are signs that enthusiasm for economic globalization is waning in the West Americans and Western Europeans are less supportive of international trade and multinational companies than they were five years ago. In contrast, there is near universal approval of global trade among the publics of rising Asian economic powers China and India. (continue reading...)(...more)