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Professor John Luiz. (Supplied)
Professor John Luiz. (Supplied)

The new divide is no longer that of left and right but rather those that favour an open system versus those that favour a closed one - and the French election is the latest arena in which this is playing out. But in the high-stakes game of protectionism it is the less-developed countries that are likely to lose.

WHETHER or not French voters hand nationalist candidate Marine le Pen the keys to office on Sunday, the French election is the latest in a series of global shocks that show the pendulum swinging away from globalisation, the opening of markets and liberal values.

With the ascendancy of Donald Trump to the American presidency, Brexit, and the growing popularity of nationalist movements in industrialised countries as well as with what has been termed ‘illiberal democracies’, such as Hungary, Turkey, and Russia, it is becoming clear that the narrative of Francis Fukuyama’s ‘End of History’ is ending.

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