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Teaching Economics

In the News

Will coronavirus reverse globalisation?

Graham Watson

2nd April 2020

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This is today's must read article, for my money. It suggests that one of the consequences of this could be a retreat from hyper-globalisation.

This is because an interconnected global economy, and global supply chains, are more vulnerable to shocks such as this.

There's lots of fascinating material in here - not least the fact that the proportion of the global economy that China accounts for has increased by so much from 4% in the wake of the SARS outbreak to 16% today. That in itself is remarkable.

But there are lots of other things that merit consideration, not least the impact of coronavirus on the number of students coming to the UK, one of our most significant service exports.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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