Article 2442D Mark Carney: we must tackle isolation and detachment caused by globalisation

Mark Carney: we must tackle isolation and detachment caused by globalisation

by
Katie Allen
from on (#2442D)
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Bank of England governor urges policymakers to do more to share out the gains from global trade and technology

The governor of the Bank of England has issued a rallying cry to policymakers across advanced economies to tackle the causes of a growing sense of "isolation and detachment" among people who feel left behind by globalisation.

Warning that the UK was suffering its "first lost decade since the 1860s", Mark Carney said that one of the reasons for the Brexit vote was a sense among people that they had lost control of their futures.

Related: Mark Carney: European economies face hit if cut off from City of London

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