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Public Perception of Globalization’s Impact Shapes Trade Realities

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  • Christian Winge

Abstract

History teaches us that perception often matters much more than reality in shaping public opinion. Accordingly, perception is crucial to understanding the outcomes of globalization, from increased free trade and the breakdown of political and economic barriers to technological integration, greater capital flows and worker migration. Ideally, the public?s evaluations are sound and closely reflect reality. Polling data, however, indicate this is often not the case. Misplaced perceptions may profoundly affect the course of globalization policies.

Suggested Citation

  • Christian Winge, 2011. "Public Perception of Globalization’s Impact Shapes Trade Realities," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 21-25.
    • Handle: RePEc:fip:feddgm:00010
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    Cited by:

    1. Elias G. Carayannis & Gaye Acikdilli & Christopher Ziemnowicz, 2020. "Creative Destruction in International Trade: Insights from the Quadruple and Quintuple Innovation Helix Models," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(4), pages 1489-1508, December.

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