Will globalisation become the next victim of the coronavirus?
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Those who are looking for an answer to the question «Will globalisation become the next victim of the coronavirus?» often ask the following questions:
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10 other answers
Globalisation may be part of the problems of coronavirus and climate. But it is also at the heart of the solution. No nation acting on its own will be able to deal with these twin crises or with others to come. The interconnectedness of our contemporary world cannot be undone.
Globalisation was more than a means of economic exchange. It was also a belief system and a way of life. From the moment Margaret Thatcher and Ronald Reagan opened up international financial markets in the mid-1980s, the world became much more interconnected.
Professor Beata Javorcik, chief economist at the European Bank for Reconstruction and Development, says that the pace of change in the global economy over just the past 17 years has been profound ...
The pandemic is exposing the fragility of the globalized system. The pandemic of the disease caused by the new coronavirus, COVID-19, is exposing the fragility of this globalized system. Some economic sectors—particularly those with a high degree of redundancy and in which production is spread across multiple countries—could weather the crisis relatively well.
But this globalization has also allowed the entire world to be much more aware of the spread of the coronavirus, and it may ultimately be a powerful force for its own undoing. There are two sides ...
April 17, 2020, 3:34 PM. The COVID-19 pandemic has spawned new barriers at breathtaking speed. Closed borders, travel bans, paralyzed supply chains, and export restrictions have prompted many to ...
MORE FROM FORBES Coronavirus Could Be The End Of China As A Global Manufacturing Hub By Kenneth Rapoza. Since Trump’s election, he has wanted U.S. companies to make themselves less reliant on ...
The Coronavirus Is Killing Globalization as We Know It The outbreak has been a gift to nativist nationalists and protectionists, and it is likely to have a long-term impact on the free movement of ...
O ver the past 30 years China has become the world’s factory. For the past few weeks, the production line has been shut down by plant closures deemed necessary to halt the spread of coronavirus ...
Against this background, it must be doubted whether economic globalization will also become a victim of COVID 19. There is a simple reason for that. The virus as such is not a consequence of globalization but of the failure of, or over-reliance on, localization.
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