The future of Globalization especially in view of Impact of Covid-19?

Will globalization
continue the way it is? OR is the current pandemic making countries think more or look more
in ward instead of going global? What sort of impact do you see?
Globalization is a complicated term in simple words. Globalization describe the way countries
are becoming more interconnected both economically and culturally globalization is
international process driven by trade investment technology and finance. This process has
effects on environment on culture on political systems on economic development and
prosperity and human physical well-being in societies around the world.
As we know the outbreak of COVID-19, a new corona virus that originated in Wuhan, China, is
transform into a global pandemic which make Globalization is under significant threat. With the
imposition of border closures and strict migration measures, there have been major disruptions
in countries’ supply chains with adverse impacts on employment and poverty. 213 Countries
and Territories around the world have reported cases of the infection, although uncertain on
the exact existence of the transmission process.
Globalization does not stop with COVID-19 but would continue with more innovation and
globalization processes may be accelerated due to the increase in the digitization of
communication, manufacturing business processes, digitization payment system makes easier
and faster than ever. At the other side, they could shift the foreign logistics chains and business
capital relations. Those mechanisms have appeared at the beginning of a pandemic’s growth.
Not only is the rapidly declining demand for specific services and products one of the factors
which significantly reduces the scale of production; yet even suspension of manufacturing
processes for different item ranges, semi-finished goods, replacement parts, in countries where
the rate of infection with Coronavirus is high. As a consequence, supply chains split down,
individual parts and semi-finished goods are not shipped on schedule to factories,
manufacturing facilities where final items are assembled in other countries.
According to the latest WTO estimate, the amount of global products exports in 2020 may
collapse to a point last seen in the mid to late 2000s. That would be an extremely painful
decline, especially in the sense of today's broader, more dynamic global economy. Yet even the
most negative predictions of exchange do not mean a collapse into a system of disordered
economic sectors. Most of the run-up to international integration will stay unchanged after
World War II ended.
Although globalization, in the context of trade in commodities and other services such as
transport, may be negatively affected, certain industries can see enhanced demand. Further
distributed job types would only drive the cross - border distribution of data and distributed but
quickly shared technical resources. As such, the consumers would not only be the
manufacturers of these utilities but also the enablers like Zoom and broadband providers.
Under COVID-19 mankind is in fact finding new and innovative ways to connect and cooperate.
Which vary from regional information sessions to COVID-19, to individuals communicating on
LinkedIn to collaborate in the construction and 3-D printing of pieces of ventilators. Through
that way, through terms of the distribution of concepts and approaches, if not inherently
goods, the planet may well become more globalized.
Globally organized manufacturing chains in countries with low labor costs are now being
threatened by the growing usage of robots and automation, enabling businesses to sustain
demand in more costly countries. COVID-19 also emphasized the value of automation, as the
danger faced by "non-essential" company closures of activities is focused on the desire to hold
workers at home. Many countries will adopt robots and automation just like South Korea. For
the above, mechanisms of globalization under the control of the Coronavirus pandemic may be
dramatically changed and our smart technology will shift to artificial intelligence Covid-19 speed
up the use of robots to replace human workers.