Xenophobia Is Bad for the Economy

If you look at the past week’s photos of anti-American protesters hurling rocks at riot police in Egypt, and then at those of Chinese youths wearing “Boycott Japan” T-shirts who tussled with a security cordon in Shenzhen, there’s a striking similarity between the policemen in both places.

They wear the same visored helmets and carry the same curved plastic shields.

From a much wider perspective, the difficulty these well-armed officers had in maintaining law and order also encapsulated a challenge that’s now confronting governments everywhere, one with great economic significance.

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