In this revision video we look at the issue of de-globalisation.
After decades of increasing globalisation, there now seems to be a slowing of globalisation, or even a turn to de-globalisation, meaning decelerating trade and investment and reduced global value chains.
Will the covid pandemic accelerate a process away from hyper-globalisation or will most aspects of our inter-connected world demonstrate more resilience in the face of severe shocks?
De-globalisation is the process of contracting interdependence and integration between businesses and countries . For example, growth of trade in goods and services and investment flows between countries declines.
Some drivers that might be causing de-globalisation
Is de-globalisation inevitable?
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