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    Will COVID19 Globalisation?: Y Nirudh

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    The document discusses how the COVID-19 pandemic may impact globalization trends. It notes that globalization had already begun slowing after the 2008 financial crisis. The free flow of goods, people, and capital across borders that defines globalization has now been halted by travel restrictions and supply chain disruptions due to the virus. Some experts argue this could accelerate the ongoing "slowbalization" process and retreat from globalization, as countries incentivize relocating production at home. However, the document also points out that ideas and best practices are still being shared virtually between countries to fight the pandemic. It poses the question of whether COVID-19 will ultimately end globalization.

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    Will COVID19 Globalisation?: Y Nirudh

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    Hdkakaksjsb
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    The document discusses how the COVID-19 pandemic may impact globalization trends. It notes that globalization had already begun slowing after the 2008 financial crisis. The free flow of goods, people, and capital across borders that defines globalization has now been halted by travel restrictions and supply chain disruptions due to the virus. Some experts argue this could accelerate the ongoing "slowbalization" process and retreat from globalization, as countries incentivize relocating production at home. However, the document also points out that ideas and best practices are still being shared virtually between countries to fight the pandemic. It poses the question of whether COVID-19 will ultimately end globalization.

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    The document discusses how the COVID-19 pandemic may impact globalization trends. It notes that globalization had already begun slowing after the 2008 financial crisis. The free flow of goods, people, and capital across borders that defines globalization has now been halted by travel restrictions and supply chain disruptions due to the virus. Some experts argue this could accelerate the ongoing "slowbalization" process and retreat from globalization, as countries incentivize relocating production at home. However, the document also points out that ideas and best practices are still being shared virtually between countries to fight the pandemic. It poses the question of whether COVID-19 will ultimately end globalization.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    20 views19 pages

    Will COVID19 Globalisation?: Y Nirudh

    Uploaded by

    Hdkakaksjsb
    The document discusses how the COVID-19 pandemic may impact globalization trends. It notes that globalization had already begun slowing after the 2008 financial crisis. The free flow of goods, people, and capital across borders that defines globalization has now been halted by travel restrictions and supply chain disruptions due to the virus. Some experts argue this could accelerate the ongoing "slowbalization" process and retreat from globalization, as countries incentivize relocating production at home. However, the document also points out that ideas and best practices are still being shared virtually between countries to fight the pandemic. It poses the question of whether COVID-19 will ultimately end globalization.

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    of 19

    Will COVID19

    END
    Globalisation?

    BY ANIRUDH 19-4-20
    Follow me on

    Telegram: ani15a (For PDF)

    Twitter: @anirudh_23
    Globalisation
    • Globalisation envisages a borderless world or seeks world as a global
    village
    • It is attributed by accelerated flow of goods, people, capital, information
    and energy across borders, often enabled by technological
    developments

    19-4-20
    Globalisation Trends
    Starting from 1990s globalization dominated world’s
    economic order.

    Anti Globalisation Wave


    Globalisation had already begun to stagnate since the
    2008-09 Global Financial Crisis.

    19-4-20
    ,

    Slowing Down Of Trade


    Trade as a percentage of global GDP increased from 39% in
    1991 to 61% in 2008 but has stagnated over the past decade

    19-4-20
    Countries Policies Reflecting The Reverse
    Globalization

    19-4-20
    Slowing Movement Of People
    Though number of tourist increased in the last decade.

    19-4-20
    Trade Wars And Halting Of WTO Talks:
    Retreat of Globalisation

    19-4-20
    Due To These Factors, International Media Is
    Referring To The Process Of Globalisation By
    The Term ‘SLOWBALISATION’

    • The ongoing phase of globalisation has not fully recovered and the
    recent coronavirus has pushed forward the trends of reverse
    globalisation

    19-4-20
    Globalisation Is Responsible For The Spread
    Of Coronavirus
    • The virus started in Wuhan, China
    • China, being a hub of many industries. People from all over the world
    are travelling in and out of China
    • Italy itself a tourist and business hub, the man in Delhi who tested
    positive for coronavirus had travelled to Italy
    • Other countries get the virus because of the movement of people and
    goods

    19-4-20
    Corona Virus Has Halted The Movement Of
    People, Goods, Service, And Capital

    19-4-20
    Due To Supply Chain Break Down In China
    because of Coronavirus
    Countries Providing Incentives To Shift
    Production To Their Native Country

    19-4-20
    Amid Covid-19 World Trade Has Halted,
    Investors Are Pulling Out Money From The
    Market

    19-4-20
    Other Side Of The Coin!!

    19-4-20
    Trade During Coronavirus

    19-4-20
    Movement Of Ideas
    • Countries are converging virtually to share best practise to fight
    pandemic
    • International meeting such as G-20, SAARC summit organised virtually

    19-4-20
    Comment Section

    Do you think Covid19 will end Globalisation?

    19-4-20
    STAY TUNED…

    SUBSCRIBE TO STUDY IQ
    @anirudh_23

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